Europe worries as Wall Street pushes ahead on benign inflation data
Indices in Europe end last full trading week with losses as Washington again battles to stop government shutdown
Ires Reit
European real estate stocks surge, as global trading eyes strong finish
Pan-European STOXX 600 jumps 1.2%, best daily performance in two months
Ireland’s largest private landlord sells dozens of properties as part of restructuring
Ires Reit said it has completed the disposal of 37 properties as part of its target of 315 identified in a strategic review
Tax the rich in Budget 2025, says independent Oireachtas unit
Seen & Heard: Matt Ryan’s Press Up exit; Capreit vows ‘never again’ to invest in Ireland; Airport cap could face EU challenge
Thousands of apartments set to go up for sale this year
Seen & Heard: Up to 10k apartments to hit the market, €100 million college football cash boost, 'high growth' firms support and sports stars back grinds school
Long-awaited strategic review at Ires rules out sale of company
Ires Reit to sell 8% of apartment portfolio over five years
Shares drift in Ireland’s biggest private landlord as no changes expected in strategic review
Stock languishing 30% below value company placed on net assets per share at end of 2023
Capreit’s final 9.7% Ires stake sold to a number of investors
London-based opportunistic investment firm Asset Value Investors among main buyers
European shares rise after Swiss rate cut and mounting talk of Bank of England move
Iseq All-Share index dipped 0.4 per cent to 9,545.64, with heavyweights Kerry and Ryanair declining
Canada’s Capreit sells remaining shares in Irish property group Ires
Capreit has sold its remaining 9.7% stake in the Ireland’s biggest private landlord
McGarrell Reilly pays over €8m for former Siemens site in south Dublin
Developer in off-market deal for Sandyford building with planning in place for high-rise residential scheme
Ires seeing ‘exceptional demand’ as review continues
Landlord set to concede two board seats to activist investor at agm today
Ires deal to silence activist won’t save it from tough questions at next week’s agm
Ires Reit has managed to temporarily muzzle activist Canadian fund Vision Capital that has waged a sell-up campaign since last April - but that won’t quieten the voices stirred by its crusade
No women leading an Irish-listed company after Ires switch
Ireland is now one of two EU states with only men leading its public companies
Ires says sale of property assets would be ‘challenging’ in short-term as review continues
Ires says opportunities for extra revenue generation, including from car parking
Tesla leads US megacap rally as European shares falter
Iseq index sheds more than 1% as Ryanair falls
Ires sees €1.8m costs incurred dealing with activist investor campaign
Settlement this week will see Ires support nomination of two Vision Capital candidates to board at the apartment owner’s agm next month
Ires agrees to two Vision board seats to avert showdown at annual general meeting
Property group refused nomination of number-one candidate Vision had put forward
Ires activist investor wants firm to pay €425,000 of its campaign costs as compromise on board seats fails
Ires Reit says offer of two board seats has been rejected by Canadian investment firm Vision Capital
Further activist interest in Ires heaps on pressure ahead of agm
Company has been subject to campaign to put itself up for sale
Global stocks jump ahead of raft of central bank meetings
Euronext Dublin up marginally at close of business on muted day for investors following St Patrick’s Day holiday
Ires names former Anglo Irish Bank executive Eddie Byrne as chief executive
Byrne to succeed Margaret Sweeney ahead of forthcoming agm and amid ongoing strategic review
Starwood stakebuilding at Ires stokes intrigue as Capreit drip-feeds shares into market
Muted reaction by Ires’s share price shows market not getting carried away by new investor’s presence just yet
Starwood reticent on Ires strategy after building up 1.5% stake
US investment firm with €106 billion of assets under management declined to shed light on Ires investment strategy
Ires net loss widens amid higher interest rates
Ireland’s largest private-sector landlord sold €96.5m of property last year to help keep its debt burden under Reit limit of 50%
Ires founder Capreit continues to cut stake after EGM
Investment firm had backed attempt to replace five directors at egm
Ires defeats attempted boardroom coup at showdown egm
Most investors that voted by proxy before meeting cast ballots against activist shareholder resolutions
Ires dissident shareholder lost egm battle but may still win the war for sale of property group
Vision Capital’s egm motions were defeated but Ires has committed to a strategic review that could ultimately see the Irish private sector landlord sold or broken up
Ireland’s biggest private landlord Ires Reit’s crunch EGM: what is going on?
What is happening at Ireland’s biggest private sector landlord and why?
Ires says issue over EGM votes resolved ahead of deadline
Issues had been identified last week with votes cast via platform provider Broadridge Financial Solutions
Ires voting glitch may have hit up to 90% of institutional EGM ballots
Vision Capital, looking to unseat board and break up the business, wants answers on ‘unprecedented’ announcement
Ires Reit board gets backing from report recommending rejection of investor’s boardroom overhaul plans
Activist investor is attempting to replace five board members
Ires Reit dissident shareholder not to table offer for company if board move unsuccesful
Vision Capital is seeking to replacer five board members, including chairman Declan Moylan and chief executive Margaret Sweeney
Vision Capital vs IRES REIT: trouble brewing at Ireland’s largest private landlord
Inside Business podcast with Ciarán Hancock
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