IRES Reports Solid H1 2025 Results Despite Property Sales

Irish Residential Properties REIT plc reported its half-yearly results for 2025, showcasing notable financial growth and operational efficiency. The company recorded a 2.4% increase in earnings to €14.5 million and a 2.9% rise in adjusted EPRA earnings per share to 2.8 cents. This financial boost occurred despite a 2% portfolio unit sale over 12 months.

Operational highlights include a margin increase to 78%, resulting from cost management. The company successfully refinanced its debt, securing financial stability until 2030. Additionally, IRES completed a share buyback of €5 million, enhancing shareholder value.

Looking ahead, recent government rental regulations are anticipated to positively impact business performance. The company remains focused on asset optimization and strategic growth, supported by strong Dublin demand and a stable occupancy rate of 99.5%.