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Vision Capital vs IRES REIT: trouble brewing at Ireland’s largest private landlord

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Manage episode 399741112 series 2284665
Indhold leveret af Inside Business with Ciaran Hancock. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Inside Business with Ciaran Hancock eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Next week the battle between listed property landlord IRES REIT and its 5% dissident shareholder Vision Capital will come to a head at an extraordinary general meeting of shareholders in Dublin.


IRES is the biggest private landlord in the state with more than 3,700 apartments. On the face of it IRES is performing well, however the share price has struggled and a government-imposed 2% annual cap on rents is a potential drag on the business.


Vision Capital owns 5% of IRES and is not happy with the way the company is being run. Jeff Olin is president, CEO and portfolio manager of Vision Capital and he joins the podcast this week to discuss his issues with IRES.


Produced by John Casey. JJ Vernon on sound.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

534 episoder

Artwork
iconDel
 
Manage episode 399741112 series 2284665
Indhold leveret af Inside Business with Ciaran Hancock. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af Inside Business with Ciaran Hancock eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

Next week the battle between listed property landlord IRES REIT and its 5% dissident shareholder Vision Capital will come to a head at an extraordinary general meeting of shareholders in Dublin.


IRES is the biggest private landlord in the state with more than 3,700 apartments. On the face of it IRES is performing well, however the share price has struggled and a government-imposed 2% annual cap on rents is a potential drag on the business.


Vision Capital owns 5% of IRES and is not happy with the way the company is being run. Jeff Olin is president, CEO and portfolio manager of Vision Capital and he joins the podcast this week to discuss his issues with IRES.


Produced by John Casey. JJ Vernon on sound.



Hosted on Acast. See acast.com/privacy for more information.

  continue reading

534 episoder

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