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
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...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures