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
Ires Reit says offer of two board seats has been rejected by Canadian investment firm Vision Capital
Ireland’s largest private-sector landlord sold €96.5m of property last year to help keep its debt burden under Reit limit of 50%
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
Issues had been identified last week with votes cast via platform provider Broadridge Financial Solutions
Each side accusing the other of seeking to mislead shareholders as State’s largest private landlord prepares to vote on its future
Move provides continuity at a time when the apartments owner is fighting against an attempted boardroom coup by an activist investor
Ires and other European property stocks have rallied since late October amid hopes the ECB will cut rates at pace next year
Ires grew sharply under chief executive’s leadership yet shares have fallen sharply in past 18 months
Seen & Heard: Toll misery looms; Ires’ Sweeney faces further pressure; Glenveagh’s factory plans; Tetrarch gets Howth hotel permission; British families struggle with mortgage hikes
Ires Reit to offload homes to Tuath Housing Association for €72 million
Would-be buyers of Ires assets know they are dealing with a motivated seller in a weakening market
Ires Reit profits rose by 15% to €67.5 million in 2021
Acquisition includes completed apartments and new development on adjacent site
Number of Iseq20 women directors is up to 31 per cent, but number who are executive directors stuck at one-in-10
Market Beat: Prime apartments in Dublin generate rent to deliver an investment yield of about 3.6%
Ires Reit saw rental income grow by 5.9% to more than €31m in first six months of year
Group also signals likely movement of property management in house
Ires Reit says average monthly rent was €1,624 per unit, up from €1,596 the year before
Deal takes State’s largest private residential landlord’s portfolio total to 3,834 units
State’s largest private residential landlord set for move following expiry of contract
Ireland’s largest private landlord will pay an average €410,958 per unit
Report highlights under-representation of women at top of corporate ladder
Landlord has rented out most of the 95 apartments it recently bought in Hansfield
Moves to improve gender balance in Irish boardrooms sees immediate results
Ires Reit portfolio grew to 3,739 units in first half of 2020, up from 2,771 this time last year
Remuneration committee increases Declan Moylan’s fees to €140,000 a year from February 2019
Adviser ISS says huge salary and bonus increase to Margaret Sweeney was not flagged
State's largest landlord reports improved occupancy to 99% at end of April
Margaret Sweeney’s annual bonus increased by €112,000 to €442,000 last year
Townlink to build 61 apartments at Bakers Yard close in central Dublin, where the company already owns 86 units
State’s biggest landlord to press ahead in absence of clarity on next government
Artist Niall Sweeney’s colourful and surreal exhibition, I Am The Cosmos, comprises eight prints and two silk scarves
Scheme approved under the Strategic Housing Development planning process
Crosswords & puzzles to keep you challenged and entertained
How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices