IRES REIT reports H1 operating revenue of €17.9 million

The property group said its first-half occupancy rate was 98.3%

Irish Residential Properties REIT (IRES) has reported operating revenue of €17.9 million for the six months to the end of June, up from €11.2 million a year earlier, as it said

the continued shortage of housing should help to support

the rental market.

The real estate investment trust (REIT) said its overall portfolio occupancy rate slipped to 98.3 per cent in the period from 99.5 per cent a year earlier but the average ...