Ameriprise Financial Increases Stake in Irish Residential Properties REIT

Irish Residential Properties REIT plc (IRES) has been notified of a change in major holdings. Ameriprise Financial, Inc., based in Minneapolis, USA, has increased its position in the company. The threshold was crossed on August 11, 2025, with the company reaching 7.139% of voting rights, up from a previous position of 5.960%.

The transaction involved 37,440,232 shares, pushing Ameriprise Financial over the 6% and 7% thresholds. Harewood Nominees Limited is the shareholder associated with the voting rights. The central bank of Ireland and IRES were both notified on August 13, 2025.

The acquisition signifies a strategic move by Ameriprise Financial within its investment portfolio, highlighting its increased confidence in IRES's prospects.