State's biggest landlord grows its property portfolio and rental income

'The economic growth outlook for Ireland and the fundamentals of our business remain strong'

Ires Reit has a portfolio of 3,836 units with a total value of €1.46bn.

Ireland's biggest landlord saw its rental income rise by 5.9% over the past year to €31.3m.

Ires Reit which operates almost 4,000 rental units recorded a profit of 27.4m for the first half of the year compared to a loss of €10.9m for the same period last year.