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Ameriprise Financial Acquires 3.241% Stake in Irish Residential Properties REIT
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Ameriprise Financial Acquires 3.241% Stake in Irish Residential Properties REIT

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Irish Residential Properties REIT ( (GB:0QT8) ) just unveiled an update.

Irish Residential Properties REIT has announced a change in major holdings, as Ameriprise Financial, Inc. has acquired a 3.241% voting rights stake in the company. This transaction highlights Ameriprise’s strategic interest in IRES, potentially impacting the company’s shareholder structure and market positioning, with Columbia Threadneedle Management Limited holding the majority of voting rights within the Ameriprise group.

More about Irish Residential Properties REIT

Irish Residential Properties REIT plc (IRES) is a real estate investment trust focused on the residential property sector in Ireland. It primarily invests in and manages residential rental accommodations, providing services related to property management and leasing.

YTD Price Performance: 2.42%

Average Trading Volume: 54,112

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €495.2M

Learn more about 0QT8 stock on TipRanks’ Stock Analysis page.

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