Companies

British activist investor takes stake in Ires Reit

Asset Value Investors, a London-based activist, bought shares on Thursday and now holds a 1.8 per cent stake in the Irish property company

Asset Value Investors (AVI), a UK activist investor, bought shares in the listed property company on Thursday. Picture: Fergal Phillips

Another activist investor has taken a stake in Ires Reit, the state’s largest private landlord, according to stock exchange filings.

Asset Value Investors (AVI), a British activist investor, has hoovered up a significant number of shares in the listed property company on Thursday and now holds a 1.8 per cent stake in the Irish company.

The stake is held by AVI in its London-listed investment company, AVI Global, which is run by Joe Bauernfreund, chief ...