I-Res Reit targets 'regional' expansion with €700m warchest

The country's largest property landlord Irish Residential Properties Reit - or I-Res - is looking to broaden its portfolio nationwide with €70m available to it for acquisition purposes.

The company agreed its first property purchase outside of the capital - a 50-house development at Harty's Quay on Cork's Rochestown Road - in June. That was part of a larger €285m deal also including 815 houses in Dublin.