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‘This company has destroyed a lot of value’: Ires Reit investors push to go private

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“This company has destroyed a lot of value and seems to really want to pursue a path of entrenchment. And as we said in our letter, enough is enough.” How some Ires Reit investors are pushing to go private, by killianwoods and EllieD798

The way Jeff Olin sees it, the Irish market is the greatest play globally right now for rental housing investors, but the country’s biggest landlord is failing to make the most of it.

Olin, president and chief executive portfolio manager at the Toronto-based Vision Capital, told the Business Post “our blood is supply and demand” and Ireland “is the best supply and demand situation in apartments globally”.

 

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‘This company has destroyed a lot of value’: Ires Reit investors push to go privateBoss of 5 per cent shareholder Vision Capital says country’s biggest landlord is failing to capitalise on the best rental market in the world, and aims to foment change at the upcoming AGM
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