Change of Interest in Irish Residential Properties REIT plc

MPMF Fund Management (Ireland) Limited has amended its holding in Irish Residential Properties REIT plc (IRES). The management company, based in Dublin, Ireland, crossed the 16.6% stake threshold on February 23, 2024, according to a February 25 notification. Previously, the stake was 17.2%. This is an operation relating to the voting rights associated with the shares, resulting in a significant modification of the ownership structure of IRES.

This transaction highlights the development of investments within Irish Residential Properties REIT plc, a major player in the Irish residential property market. MPMF Fund Management acts as manager of Irish Residential Properties Sub-Fund 1, under the Irish Residential Properties Fund. CAPREIT Limited Partnership is identified as the holder of the shares. No financial instrument was notified in this transaction, highlighting exclusively the modification of direct voting rights.

This adjustment of participation marks a notable development in the constitution of IRES' capital, reflecting the internal dynamics of the management of real estate investment funds.