Margaret Sweeney to step down as Ires Reit chief

It comes six months after shareholders moved to oust upper management, citing frustration over the firm’s direction

Margaret Sweeney, outgoing chief executive of Ires Reit: “Having served for six years as CEO, I believe that now is the right time to retire and support the transition to new leadership in 2024”

Margaret Sweeney, the chief executive of Irish Residential Properties REIT (Ires Reit), will step down from her role next year after six years at the helm of the biggest private landlord in the state.

In a trading update, the firm said that Sweeney, who also serves as an executive director, will retire from her position in April 2024, but has agreed to continue with the business beyond her six months’ notice period if necessary, to ...