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Irish Residential Properties REIT Sees Change in Major Holdings

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Irish Residential Properties REIT Sees Change in Major Holdings

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An announcement from Irish Residential Properties REIT ( (GB:0QT8) ) is now available.

Irish Residential Properties REIT plc has announced a change in its major holdings, with Ameriprise Financial, Inc. crossing the 5% threshold of voting rights. This acquisition of voting rights, including temporary proxy voting shares, signifies a strategic move by Ameriprise Financial, Inc., potentially impacting the company’s governance and stakeholder dynamics.

More about Irish Residential Properties REIT

Irish Residential Properties REIT plc (IRES) operates in the real estate investment trust industry, focusing on residential properties in Ireland. The company is primarily engaged in acquiring, holding, and managing residential rental accommodations, catering to the growing demand for housing in the Irish market.

YTD Price Performance: 13.26%

Average Trading Volume: 240,427

Technical Sentiment Signal: Sell

Current Market Cap: €519.2M

Learn more about 0QT8 stock on TipRanks’ Stock Analysis page.

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