Stock Take

Ires Reit investors jockey for position as trading surges to highest level in a decade

A major shake-up of the shareholder base in the country’s largest private landlord continues to unfold

A US property investment giant and a British activist investor have both increased their respective stakes in Ires Reit

For anyone looking closely, something very interesting is happening at Ires Reit, the listed Irish property group.

Over the last month, a dramatic shift in the shareholder base of Ireland’s largest private landlord has taken place. Like riders preparing for a race, investors are jockeying for position on the share register of Ires Reit, presumably in the expectation that something big is coming.

As reported this week on BusinessPost.ie, a US property investment giant and ...