Overview
Description
Irish Residential Properties REIT plc is a real estate investment trust that focuses on investing in and managing residential properties primarily in Dublin and other key urban locations in Ireland. The company aims to provide high-quality rental housing solutions while generating stable rental income for its investors. As a REIT, it benefits from tax advantages while paying out the majority of its revenue in dividends, appealing to income-focused investors.
Irish Residential Properties REIT handles a diverse portfolio of assets that includes multi-unit apartment buildings, single-family homes, and mixed-use developments. The company's strategic emphasis is on growing its portfolio by acquiring and developing properties in high-demand rental markets, which are driven by factors like urbanization, employment growth, and limited housing supply in Ireland.
In the financial market, the firm plays a significant role by contributing to housing sector stability and offering liquidity to institutional and retail investors interested in real estate without direct property management. With a strong presence in the Irish housing market, the trust supports infrastructural growth and residential comfort, addressing the dynamic and evolving housing needs of Ireland's urban population.
About
CEO
Ms. Margaret Sweeney
Employees
95
Address
South Dock House, Hanover Quay
Grand Canal Square
Dublin, 2
Grand Canal Square
Dublin, 2
Phone
353 1 557 0974
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Residential
Country
United States
MIC code
PINX