Activist investor ‘confident’ of getting support for revolt at Ireland’s biggest landlord Ires Reit

Small and large investors in Ires Reit have already contacted Vision Capital to express support after it said it had been ‘misled, cajoled, and stymied’ by directors at the company

A significant shareholder in Ires Reit, who raised concerns about how the company is being managed, has said he is “confident” of securing support from other investors for a private sale.

On Wednesday, an open letter issued by Vision Capital said it is “evident that fundamental change is necessary” at Ires Reit, which is Ireland’s biggest landlord, and asked fellow shareholders to vote against the election of certain directors at the upcoming annual general meeting.

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