Setanta boosts stake in Ires Reit with €8m share purchase

Investment firm controls about 9 per cent of stock in Ires Reit, the state’s biggest landlord

Barry J Whyte

Chief Feature Writer @whytebarry
14th March, 2021
Setanta boosts stake in Ires Reit with €8m share purchase
Setanta portfolio includes the Marker Residence Apartments on Grand Canal Dock

Setanta Asset Management, the Irish investment fund, boosted its stake in Ires Reit by purchasing just over €8 million-worth of shares last week.

The investment firm now controls 9.002 per cent of the shares in Ires Reit, the state’s biggest landlord, which is worth almost €75 million at the company’s latest share price of €1.58.

Ires Reit’s share price has risen substantially since the start of the year from around €1.40 and...

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