Barings to acquire Irish Residential Properties REIT for €731m
Thursday, November 12, 2026 · first reported by IREI
Barings, acting through funds and accounts it manages or advises, is buying Irish Residential Properties REIT (I-RES) for cash, in a transaction valued at about €731 million ($810 million). The buyer is Ireland Residential Holdings Ltd., a newly formed company owned by those funds and accounts.
Shareholders will be paid €1.386 per share, which includes a dividend of €0.0209 per share. The price is a 30.8 percent premium to the Sept. 25, 2026 close. I-RES directors unanimously recommend the offer. Completion is targeted for the first quarter of 2027, once shareholders, the court and regulators have signed off.
- Firm
- Barings
- Also named
- Irish Residential Properties REIT
- Deal value
- €731M (≈$810M)
- Asset class
- Real estate
- Geography
- Europe
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
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