Companies
Ires faces another battle as UK activist takes position
The saga at Ireland’s largest landlord has entered a new chapter as the shareholder register refreshes
A major shift is taking place in the shareholder base of Ires Reit, the state’s largest private landlord.
Capreit, by far the largest shareholder in the Irish property group, has been steadily selling down its 19 per cent stake since January, while at the same time that Starwood Capital, a Florida-based investment fund, has built up a stake of almost 2 per cent. This initial shift has triggered industry speculation that the US fund may ...
