Menu
06/08/2018
Ireland's Largest Landlord Doubles Profits
Ireland's largest private landlord has announced it has more than doubled its profits in the first six months year.
Irish Residential Properties REIT (I-RES), which owns over 2,600 properties mainly in Dublin confirmed profits of €69.5 million, compared to €31 million in the same period last year.
In a statement, I-RES CEO Margaret Sweeney said: "We continue to invest in the supply of apartments and houses for rent through a combination of acquisitions and build to let.
"Rental demand remains strong and the supply of residential accommodation remains constrained resulting in a combination of attractive yields and rental growth."
Irish Residential Properties REIT (I-RES), which owns over 2,600 properties mainly in Dublin confirmed profits of €69.5 million, compared to €31 million in the same period last year.
In a statement, I-RES CEO Margaret Sweeney said: "We continue to invest in the supply of apartments and houses for rent through a combination of acquisitions and build to let.
"Rental demand remains strong and the supply of residential accommodation remains constrained resulting in a combination of attractive yields and rental growth."
Related Irish News Stories
Click here for the latest headlines.
19 April 2024
53-Year-Old Man Jailed For 21 Offences Against A Child
A 53-yea-old L'Derry man has been sentenced to a total of 13 years for 21 offences including rape, indecent assault of female child and cruelty to children.
53-Year-Old Man Jailed For 21 Offences Against A Child
A 53-yea-old L'Derry man has been sentenced to a total of 13 years for 21 offences including rape, indecent assault of female child and cruelty to children.
20 December 2011
House Prices Drop 15%
Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
House Prices Drop 15%
Ireland's house prices have fallen by 15.6% for the year to November, according to statistics from the Government. The Residential Property Prices report by the Central Statistics Office (CSO) found that the fall was deepening with the fall of 15.6% comparing to an annual rate of decline of 15.1% in October and a decline of 11.
18 November 2011
8% In Mortgage Arrears Over 90 Days
The Central Bank has revealed over 8% of homeowners in Ireland are in mortgage arrears for over 90 days. The bank's latest data on mortgages, restructures and repossessions up to September show that 8.1% of private residential mortgage accounts are in 90 day arrears, compared to 7.2% for the same period last year.
8% In Mortgage Arrears Over 90 Days
The Central Bank has revealed over 8% of homeowners in Ireland are in mortgage arrears for over 90 days. The bank's latest data on mortgages, restructures and repossessions up to September show that 8.1% of private residential mortgage accounts are in 90 day arrears, compared to 7.2% for the same period last year.
17 November 2010
40,000 Mortgages In Arrears Over 90 Days
One in 20 Irish mortgages have been in arrears for over 90 days according to figures from the Central Bank today. The worrying data shows 40,472 mortgages were in arrears for over the 90 days period at the end of September over double that of last year's figure.
40,000 Mortgages In Arrears Over 90 Days
One in 20 Irish mortgages have been in arrears for over 90 days according to figures from the Central Bank today. The worrying data shows 40,472 mortgages were in arrears for over the 90 days period at the end of September over double that of last year's figure.
27 May 2010
Mortage Arrears Cripple 32,000 Homes
Figures published today show there are over 32,000 households that have fallen into mortgage arrears for over 90 days.
Mortage Arrears Cripple 32,000 Homes
Figures published today show there are over 32,000 households that have fallen into mortgage arrears for over 90 days.
-
Ireland WeatherToday:There will be a mixture of bright intervals and a few showers. Best of the sunny spells will be near the North Coast. Feeling on the cool side. Maximum temperature 10 °C.Tonight:Showers will gradually die out during the evening. A cold night with long clear spells leading to a touch of frost in places. Minimum temperature 0 °C.
