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Ires Reit to sell off €50m in assets after buoyant first half

Nation's top landlord takes €27m revaluation hit in results

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Ires chief executive Margaret Sweeney. Photo: Naoise Culhane Photography

Ires chief executive Margaret Sweeney. Photo: Naoise Culhane Photography

Ires chief executive Margaret Sweeney. Photo: Naoise Culhane Photography

Ires Reit is to sell more than 150 apartments after seeing a 30pc jump in its rental income in the first half of this year, despite the Covid crisis.

It's understood Ireland's biggest landlord expects to net €50m from the sale of units at nine properties in Dublin 8, Sandyford, the IFSC and Tallaght, as well as three commercial units and a development site.


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