Margaret Sweeney, Ires and the rental paradox

Margaret Sweeney, Ires and the rental paradox
The offices of I RES in Grand Canal Canal Dock . Photo: Sam Boal/Rollingnews.ie

The days of bargain basement property purchases are over, even for the the very big players

I could not help but think of Thomas Schwartz yesterday, when the Canadian company he founded, CapReit, announced a string of management appointments following his untimely death last month.

David Erlich, who has headed up Ires, the Irish rental giant that was launched by CapReit, is succeeding Schwartz as president and chief executive of CapReit in Toronto. Replacing Erlich is Margaret Sweeney, a former chief executive of the Dublin Airport Authority and Postbank.

I first...

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