Ires eyes yield potential of Cork in growth plan

Since the introduction of tight new rules limiting Ires’s capacity to increase rents, acquisitions and development opportunities have become a major component of the company’s efforts to boost its bottom line

25th February, 2018

Ires, the state’s largest private landlord, is eyeing major acquisitions in Cork as it seeks to expand outside Dublin.

Ires chief executive Margaret Sweeney told analysts last week the company was looking to develop in urban centres that had strong employment, good transport links, local infrastructure and “family friendly neighbourhoods” with good schools nearby.

Sweeney particularly mentioned Cork as a new hunting ground for the institutional landlord, which floated on the...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 8 months ago

The Daily Briefing

The Daily Briefing