Irish Residential Properties REIT Company Overview

Irish Residential Properties REIT is a real estate investment trust that focuses on acquiring and managing residential properties in Ireland.

The company was established in 2013 and is headquartered in Dublin, Ireland.

Irish Residential Properties REIT has a diverse portfolio of properties, including apartments, houses, and townhouses, located in various cities and towns across Ireland.

The company's properties are primarily located in the Greater Dublin Area, with a significant presence in Dublin city and its surrounding suburbs.

Take a look at this: China Pacific Insurance Company

Irish Residential Properties REIT has announced plans to launch an Equity Buyback on February 20, 2025.

The Equity Buyback is a strategic move by the company's Board to return value to shareholders.

This move indicates the company's confidence in its financial position and its ability to generate cash.

A fresh viewpoint: Ruffer Investment Company

Residential REITs are a great option for investors looking to diversify their portfolios. They offer a way to invest in real estate without directly owning physical properties.

One notable example is Irish Residential Properties REIT Plc, which had its 2024 Earnings Call on February 20, 2025. This shows that the company is committed to transparency and keeping investors informed.

Irish Residential Properties REIT Plc's Board plans to launch an Equity Buyback on February 20, 2025, as announced in a recent statement. This move is likely to boost investor confidence and potentially increase the company's stock value.

Investors should keep an eye on these developments and consider the potential benefits of investing in Residential REITs.

Additional reading: Non-Standard Finance Plc

ETFs are a popular investment option, and for good reason. They offer a way to diversify your portfolio and gain exposure to various asset classes. The Irish Residential Properties REIT plc has seen a 5-day change of -1.32%.

Some ETFs have performed exceptionally well over the past year, with AVALONBAY COMMUNITIES, INC. leading the pack with a 3.32% increase. This is a significant jump, and it's worth noting that the company's market capitalization is a substantial $32.13B.

Not all ETFs are created equal, and some have struggled to keep up with the market. The INVITATION HOMES INC. has seen a 6.65% increase in the past year, but its 3-year change is a -12.57% decrease.

Here are some key statistics from the article section:

The average 5-day change for the listed companies is +1.24%, while the weighted average by capital is +1.49%.

IRES is a growth-oriented Real Estate Investment Trust focused on acquiring and managing private residential rental accommodations in Ireland.

The company's primary focus is on Ireland, which presents a unique opportunity for growth in the European residential real estate market.

IRES has a diversified portfolio of properties, but its financial health is a concern, with a Snowflake Score of 0/6 in this area.

The company's dividend payments are a positive aspect, with a Snowflake Score of 3/6 in this category.

Here's a breakdown of IRES' Snowflake Score:

Irish Residential Properties REIT is an Irish real estate investment trust that focuses on acquiring and managing residential properties in Ireland.

The company was founded in 2013 by a group of experienced property investors who saw an opportunity to capitalize on the growing demand for rental housing in Ireland.

Irish Residential Properties REIT is a public company listed on the Irish Stock Exchange.

As of 2020, the company's portfolio consisted of over 1,800 residential units across Ireland, with a total value of approximately €1.2 billion.

The company's properties are managed by a team of experienced property professionals who are responsible for maintaining and improving the properties to ensure they remain in good condition for tenants.

Related reading: Equity Residential Atlanta

Irish Residential Properties REIT has shown a significant increase in its financial performance over the past few years. The company's current year performance is up by 7.14%.

The company's performance varies depending on the time frame. In the last 1 month, the company's performance is up by 6.91%, but in the last 1 week, it's down by 4.41%.

Here's a summary of the company's performance over the past 6 months:

The company's free cash flow (FCF) has also shown a significant increase, up by 48.9% in 2023 compared to the previous year.

The share price of IRES has been on a rollercoaster ride over the past year. The current share price is €0.99.

Looking at the highs and lows, we can see that the 52 Week High is €1.04, while the 52 Week Low is €0.80. This gives us a good idea of the price range.

IRES's beta is 0.72, which suggests that its stock price is less volatile than the market. This is a good sign for investors who want to minimize their risk.

Here's a breakdown of the share price changes over the past year:

As you can see, the 1 Month Change is a significant 5.67%, which is a good sign for investors who are looking for short-term gains. However, the 3 Year Change and 5 Year Change are quite low, indicating a decline in the share price over the long term.

Income Statement Estimates are a crucial part of understanding a company's financial performance. They provide a snapshot of a company's revenue and expenses over a specific period.

The Income Statement for Irish Residential Properties REIT plc, or IRES Stock, is a key document that helps investors and analysts gauge the company's financial health. It's a comprehensive report that outlines the company's revenues, expenses, and profits.

To make sense of the Income Statement, you need to consider the company's stock market performance, which is closely tied to its equities. The stock market can be volatile, and understanding the company's financials is essential to making informed investment decisions.

Here are some key estimates to look out for in the Income Statement:

By analyzing these estimates, you can get a better understanding of the company's financial performance and make more informed decisions about your investments.

The Compte de Résultat Prévisionnel, or the Pro forma Income Statement, is a crucial tool for businesses to plan and forecast their financial performance.

It's a statement that shows the projected income and expenses of a company over a specific period, usually a month, quarter, or year.

On a similar theme: Reits for Retirement Income

The Compte de Résultat Prévisionnel is typically prepared by management or the accounting team, and it's based on historical data, industry trends, and market analysis.

It helps businesses identify potential areas of improvement, make informed decisions, and allocate resources effectively.

By analyzing the Compte de Résultat Prévisionnel, companies can anticipate their financial performance and make adjustments to achieve their goals.

It's a dynamic document that's regularly reviewed and updated to reflect changes in the market, economy, or company operations.

By regularly reviewing the Compte de Résultat Prévisionnel, businesses can stay on top of their financial performance and make data-driven decisions.

Additional reading: Mizuho Financial Group

The Bilan Prévisionnel, or financial performance forecast, is a crucial aspect of a company's financial health. Irish Residential Properties REIT plc has seen a significant fluctuation in its net debt over the years, with a decrease of 1.44% in 2020 compared to 2019.

The company's net debt has increased in 2021, reaching 613, a 12.27% rise from the previous year. This trend continued in 2022, with a 5.22% increase. However, in 2023, the net debt decreased by 13.18%.

Here's a breakdown of the company's net debt over the years:

The dates of publication for these figures are February 20, 2020, February 19, 2021, February 23, 2022, February 24, 2023, February 23, 2024, and February 20, 2025.

The Irish Residential Properties REIT has a strong track record when it comes to sales and revenue. They have consistently delivered solid results, with a significant increase in revenue from €21.1 million in 2015 to €43.1 million in 2019.

Their ability to grow revenue is a testament to their effective management and operational strategy. The company's focus on acquiring and managing high-quality residential properties has enabled them to increase their revenue streams.

The REIT's sales performance has also been impressive, with a notable increase in sales from €24.8 million in 2015 to €45.8 million in 2019. This growth in sales has been driven by the company's efforts to improve the quality and quantity of their properties.

The management team at Irish Residential Properties REIT has undergone some significant changes in recent years. Brian Fagan joined the company as Director of Finance/CFO in 2021, bringing with him extensive experience in the property industry.

The company has also strengthened its internal management resources by hiring a finance director and company secretary & general counsel. Anna-Marie Curry will join the company as company secretary & general counsel on 1 July 2021, and Brian Fagan will join as finance director on 26 April 2021.

Brian Fagan is a chartered accountant with experience in the property industry, having previously worked with Ballymore Properties and DCC plc. Anna-Marie Curry is a solicitor, and previously worked with Arthur Cox and Bord na Móna plc.

The Executive Committee is responsible for overseeing the strategic direction of Irish Residential Properties REIT plc. Brian Fagan serves as the Director of Finance/CFO, a role he took on in 2021.

Brian Fagan is 64 years old and has been with the company since April 25, 2021. Alan Kavanagh is the Chief Operating Officer, a position he has held since November 30, 2013.

Anna-Marie Curry is the General Counsel, taking on the role on June 30, 2021.

The Board of Directors is responsible for overseeing the overall strategy and direction of Irish Residential Properties REIT plc. The company has a diverse group of directors with varying levels of experience and expertise.

Phillip Burns has been a director since 2016, bringing over 6 years of experience to the role. His tenure has spanned multiple market conditions, allowing him to develop a deep understanding of the company's operations.

Joan Garahy joined the board in 2017, bringing her expertise in property development and management. She has been instrumental in shaping the company's growth strategy.

Tom Kavanagh was appointed to the board in 2018, but his age is not publicly disclosed. Denise Turner was appointed in 2023, but her age is also not publicly disclosed.

Amy Freedman, on the other hand, is 51 years old and has been a director since her appointment is not publicly disclosed. Richard Nesbitt, at 69 years old, has the most experience among the directors, with his appointment date also not publicly disclosed.

Take a look at this: Which Is Not a Property of a Parallelogram?

The Board of Directors is led by Hugh Scott-Barrett, who has been the Chairman since 2024. His leadership has been instrumental in guiding the company through its growth phase.

Here is a list of the current Board of Directors:

Internalising the management team can be a strategic move for a company like Irish Residential Properties REIT. This involves bringing the management functions in-house, rather than outsourcing them to a third-party investment manager.

The REIT has received a notice of termination from its current investment manager, IRES Fund Management Limited, which will take effect on 31 March 2022. This has prompted the company to consider internalising its management team.

Internalisation can provide greater control and flexibility for the company, allowing it to make decisions and implement strategies more quickly. It can also help to reduce costs and improve efficiency.

Brian Fagan, a chartered accountant with extensive experience in the property industry, is joining the company as finance director on 26 April 2021. He will bring valuable expertise to the role.

Anna-Marie Curry, a solicitor with experience working with Arthur Cox and Bord na Móna plc, will join the company as company secretary & general counsel on 1 July 2021. Her skills will be an asset to the company's governance and legal functions.

The company is taking steps to strengthen its internal management resources, which will support its potential decision to internalise the management team.

Irish Residential Properties REIT has made several announcements recently. The company declared a dividend, with the exact date being February 20th.

The REIT's preliminary results for 2024 were also released on February 20th. This included a report and a presentation for investors.

Here's a list of the company's recent press releases:

The performance of Irish Residential Properties REIT plc is a topic of interest for investors. The company's stock has seen a significant increase in value over the past few months.

According to the latest data, the company's stock has risen by 6.91% in the past month. This is a notable improvement from the previous month's performance.

Here are the company's performance metrics over the past few months:

It's worth noting that the company's stock has been relatively stable over the past few weeks, with minor fluctuations in value.

Let's take a closer look at some recent press releases from Irish Residential Properties REIT plc. They announced a Director/PDMR Shareholding on February 28th.

The company also declared a dividend on February 20th. This is great news for investors who are looking for a steady income stream.

Here's a list of some of the key press releases from Irish Residential Properties REIT plc:

These press releases provide important information for investors and stakeholders, and it's worth keeping an eye on them to stay up to date with the company's latest developments.