Ires Reit records €27.4m profit for first half of 2021
Country’s biggest landlord has 98.6 per cent occupancy across its properties but new stamp duty regulations did have an effect on the company’s portfolio value
Ires Reit, the country’s biggest landlord, recorded a profit of €27.4 million for the first six months of 2021, following a €10.9 million loss last year.
Stock market analysts have remarked that the private rental sector has continued “to shine amongst the uncertainty” of the pandemic.
Half-year results, published today by Ires Reit, show it recorded a 12 per cent increase in earnings compared to the same period last year, with 98.6...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Killian Woods: What exactly is an affordable home and who benefits from the definition?
The government’s home building plan, Housing For All, promises to deliver affordable housing for purchase and rent, but its methodology has been questioned and criticised for linking affordability to market prices instead of income
Productivity in construction has been ‘poor’ — new LDA boss
Cormac O’Rourke says builders ‘continue to execute a traditional site-based approach’ and the LDA will ‘encourage standardisation and modular construction’
Second-hand home prices in Dublin set to rise by 6% ‘at a minimum’ in 2022
‘Extremely low supply’ is linked to continued inflation, according to Lisney
Housing developments approaching ‘viability tipping point’
Aecom report predicts construction cost inflation of approximately 3 per cent this year and tender price inflation of 5 per cent