Companies

Starwood and British activist investor up stakes in Ires Reit amid shareholder shift

Capreit, the Canadian investment fund, has almost halved its stake in the Irish property company over the last month

AVI’s new stake in Ires Reit is held with its London-listed investment company, AVI Global

A US property investment giant and a British activist investor have both increased their respective stakes in Ires Reit, the state’s largest private landlord, amid an ongoing and intriguing shift in the shareholder base of the listed property company.

New stock exchange filings show Asset Value Investors (AVI), a London-based activist investor, has hoovered up a further 10 million shares in Ires Reit this week to more than double its stake in the Irish property ...