IRES REIT

FY2024 results reflect the improving investment case

  • Sectors : Real Estate
  • Companies : IRES REIT

Ratings and price correct at time of issue.

  • IRES REIT

    Closing Price: 98.8c

  • RATING 08/05/15

  • PREVIOUS RATING N/A

DAVY VIEW

IRES’ FY2024 results are in line with our forecasts. Underlying earnings are expanding; asset yields have stabilised as expected; and the loan-to-value (LTV) is declining. Progress is being made on strategic priorities, enabling an inaugural €5m share buyback. All aspects of the investment case are improving.

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Feb 20 2025, 07:10 GMT

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