Market Talk with Ian Guider

Market Talk with Ian Guider
Paddy Power leads the battle of the bookiesPaul Sharp

Share price soft at state’s biggest landlord, IRES, despite rent hikes

One of the ways to play the property market recovery in the last few years, unless you happened to be a major international fund, was to invest in Reits, or real estate investment trusts. It was an opportunity for ordinary investors to compete with Lone Star and Blackstone in the great property sale of the century.

The three main trusts, Hibernia, Green and IRES, had no trouble raising cash when they launched a couple of...

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