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Davy Research

IRES REIT

Acquisition of 77 apartments

Feb 24 2026, 08:10 GMT
Colin Grant
Company Report
6 page(s)

Sectors : Real Estate

Companies : IRES REIT

Ratings and price correct at time of issue.

IRES REIT

Closing Price: 108c
RATING 08/05/15
OUTPERFORM
PREVIOUS RATING N/A

Colin Grant

Analyst

DAVY VIEW

IRES has announced the forward purchase of 77 new high quality apartments in Naas for €31.75m. Practical completion is expected in Q4 2026. This recycles the proceeds of its disposal programme into higher quality and higher yielding assets. The deal will be EPS accretive.

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Feb 24 2026, 08:10 GMT

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IRES REIT

Acquisition of 77 apartments

IRES REIT

RATING 08/05/15

Colin Grant

DAVY VIEW

Download full report with analyst certification and important disclosures