Companies
Analysis: Ires Reit directors look vulnerable to shareholder revolt at next month’s EGM
The move by Capreit, the largest shareholder, to declare its support for proposals put forward by Vision Capital is a big moment for the property firm
It might not seem like it, but an angry ground war is currently raging in Dublin as two bitterly divided sides go head-to-head to decide the fate of a €1.5 billion property empire.
It sounds dramatic, but the battle for Ires Reit, Ireland’s last remaining listed property Reit and the country’s largest private landlord, has quickly descended into a vexatious tit-for-tat between the company’s board and Vision Capital, an activist shareholder with a 5 per ...
