Seen & Heard: Toll misery looms; Ires’ Sweeney faces further pressure; Glenveagh’s factory plans; Tetrarch gets Howth hotel permission; British families struggle with mortgage hikes
Margaret Sweeney
Ires Reit to offload homes to Tuath Housing Association for €72 million
Would-be buyers of Ires assets know they are dealing with a motivated seller in a weakening market
Ires Reit profits rose by 15% to €67.5 million in 2021
Acquisition includes completed apartments and new development on adjacent site
Number of Iseq20 women directors is up to 31 per cent, but number who are executive directors stuck at one-in-10
Market Beat: Prime apartments in Dublin generate rent to deliver an investment yield of about 3.6%
Ires Reit saw rental income grow by 5.9% to more than €31m in first six months of year
Group also signals likely movement of property management in house
Ires Reit says average monthly rent was €1,624 per unit, up from €1,596 the year before
Deal takes State’s largest private residential landlord’s portfolio total to 3,834 units
State’s largest private residential landlord set for move following expiry of contract
Ireland’s largest private landlord will pay an average €410,958 per unit
Report highlights under-representation of women at top of corporate ladder
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