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.
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.
21 September 2007
West Link Toll Charge Set To Rise
Motorists using the M50 toll bridge on Dublin's West Link will have to pay an additional 10c from next year. The National Roads Authority announced that the toll will increase from €1.90 to €2 from January next year. Those with a registered debit account will be charged 2.
West Link Toll Charge Set To Rise
Motorists using the M50 toll bridge on Dublin's West Link will have to pay an additional 10c from next year. The National Roads Authority announced that the toll will increase from €1.90 to €2 from January next year. Those with a registered debit account will be charged 2.
-
Ireland WeatherToday:Gale, coastal severe gale, northwest winds ease from late afternoon. Scattered showers will fall as snow over the hills at first, becoming isolated from mid-afternoon. Maximum temperature 7 °C.Tonight:Showers, scattered in the evening, will clear by midnight leaving the night dry with clear spells. Cloud will spread east towards morning. Minimum temperature 2 °C.
