IRES REIT (IRES.I, IRES ID)

  • 481.3
  • 529.5
  • 85.9
  • IRES REIT

    Closing Price (c): 90.9

  • RATING 08/01/24

  • PREVIOUS RATING

Company Profile

FOLLOWING THE ANNOUNCEMENT BY IRISH RESIDENTIAL PROPERTIES REIT PLC (IRES) THAT IT INTENDS TO CONDUCT A STRATEGIC REVIEW, IRES IS DEEMED TO BE IN AN OFFER PERIOD FOR THE PURPOSES OF THE IRISH TAKEOVER RULES. DAVY IS BROKER TO IRES; ACCORDINGLY, WE ARE DEEMED TO BE ACTING IN CONCERT TO IRES IN THIS INSTANCE. RESTRICTIONS THEREFORE APPLY TO OUR RESEARCH COVERAGE. Irish Residential Properties REIT (IRES REIT) is a growth-oriented real estate investment trust focused on building a portfolio of multi-family residential real estate for the purpose of rental income in Ireland. Listed in April 2014, IRES REIT has become the largest institutional landlord in Ireland.


Major Shareholders%
CAPREIT LP18.7
Fidelity Management & Res. Co.6.8
Setanta Asset Management Ltd.6.0
APG Asset Management NV5.0
Aviva Investors Global Services.5.0