Companies

Ires Reit EGM: shareholders vote down all proposals tabled by activist investor Vision Capital

The result from the Ires Reit EGM on Friday shows a majority of shareholders have voted to retain the existing board in the listed Irish property company

I-RES Reit Chairman Declan Moylan and CEO Margaret Sweeney following the company's EGM in Dublin today, Friday 16 February 2024. Picture: David Cantwell

Shareholders in Ires Reit, Ireland’s largest private landlord, have voted down all of the proposals tabled by activist investor Vision Capital following a crucial emergency general meeting held in Dublin on Friday morning.

The final results, which were released just after lunch on Friday, show a majority of shareholders in the listed Irish property company have voted to retain all members of the current company board, including chief executive Margaret Sweeney; Brian Fagan, the chief ...