IRES REIT (IRES.I, IRES ID)
- 541.1
- 529.5
- 81.1
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 LP | 18.7 |
Fidelity Management & Res. Co. | 6.8 |
Setanta Asset Management Ltd. | 6.0 |
APG Asset Management NV | 5.0 |
Aviva Investors Global Services. | 5.0 |