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Property Trusts Ires Reit Eyes 2,300 Apartments - Property News | Irish Construction & Property Market | The Irish T - Thu, Apr 17, 2014

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Photograph: Jason Clarke Photography Thu, Apr 17, 2014, 01:00 First published: Thu, Apr 17, 2014, 01:00 The Republics most lately introduced property trust residence is eyeing blocks with a total of 2,300 apartments for possible investment targets, according to its prospectus. Irish Residential Properties Real Estate Investment Trust (Ires Reit) raised 210 million from its release found on the Dublin stock marketplace yesterday. The placing was promoted by Canadian player Capreit, that put up 40 million, and backed by Irish Life Assurance, which invested 24.24 million, plus US funds, Franklin Templeton (25 million) and Fir Tree Partners (30 million).

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