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Ameriprise Financial Increases Stake in Irish Residential Properties REIT

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Ameriprise Financial Increases Stake in Irish Residential Properties REIT

Irish Residential Properties REIT ( (GB:0QT8) ) has issued an announcement.

Ameriprise Financial, Inc. has increased its stake in Irish Residential Properties REIT plc, crossing the 4% threshold of voting rights as of March 20, 2025. This acquisition signifies a strategic investment move, potentially impacting IRES’s shareholder dynamics and reflecting confidence in the company’s market position and future performance.

More about Irish Residential Properties REIT

Irish Residential Properties REIT plc (IRES) operates in the real estate investment trust industry, focusing on residential properties in Ireland. The company primarily provides residential rental accommodations, catering to a growing demand for housing in urban areas.

YTD Price Performance: 10.11%

Average Trading Volume: 263,713

Technical Sentiment Signal: Hold

Current Market Cap: €510M

For detailed information about 0QT8 stock, go to TipRanks’ Stock Analysis page.

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