Companies

Ires Reit activist investor Vision Capital claims company board continues to mislead shareholders

Canadian investment fund Vision Capital has said the Irish property group is using flawed data sets to misrepresent its operational performance

Ires Reit: the latest attack from Vision Capital, which holds a 5 per cent stake in the Irish property group, comes just weeks from a crucial shareholder meeting

Vision Capital, the Canadian investment fund, has said the board of Ires Reit has “completely ignored” many of the charges it has laid against the firm’s management.

In the latest escalation in what is becoming an increasingly bitter back and forth between both sides, Vision Capital has once again accused the board of the embattled Irish property company of “misleading” shareholders and claimed it is using a “flawed comparable” data set to “misrepresent its operational ...