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FMR LLC Increases Stake in Irish Residential Properties REIT
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FMR LLC Increases Stake in Irish Residential Properties REIT

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

In a recent announcement, Irish Residential Properties REIT (IRES) disclosed that FMR LLC has increased its voting rights in the company to 9.0392%, surpassing the 9% threshold as of December 17, 2024. This acquisition of additional voting rights by FMR LLC, registered in Wilmington, USA, indicates a significant stake in IRES, potentially impacting the company’s decision-making process and signaling confidence in its market position and operations.

More about Irish Residential Properties REIT

Irish Residential Properties REIT plc (IRES) operates in the real estate investment trust (REIT) sector, primarily focusing on the acquisition and management of residential properties in Ireland. The company aims to provide quality rental accommodations and generate shareholder value through its property investments.

YTD Price Performance: -16.42%

Average Trading Volume: 97,649

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €470.3M

For an in-depth examination of 0QT8 stock, go to TipRanks’ Stock Analysis page.

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