Companies

Vision Capital claims it has support of “several” investors in push to break-up or sell Ires Reit

The Canadian activist investor also hit out at the recent report by advisory firm ISS urging shareholders to vote against its plans at next week’s EGM

Jeffrey Olin, chief executive of Vision Capital, wants Ires Reit broken-up or sold in its entirety

Vision Capital, the Canadian investment fund that is pushing for the sale of Ires Reit, has claimed it has the support of “several” institutional and private shareholders, while also dismissing a recent a report by an influential investor advisory firm urging shareholders to vote against its plan as “misleading”.

The Canadian fund, which is led by chief executive Jeffrey Olin, issued a statement on Monday urging all investors in Ires Reit to support its proposals ...