Ireland's largest landlord says rents are 16% above its €1,688 average   

IRES Reit says that, with an occupancy rate of 99.3%, practically all of its apartments are permanently rented

Property firm IRES Reit, one of the State’s largest private residential landlords, has said it is securing an average rent of €1,688 a month, that’s as much as 16% below market rents, throwing more light on the extent of the housing crisis.

The property firm has almost 4,000 apartments across 37 buildings in Dublin and Cork.