REG - Irish Res Prop REIT - Dividend Declaration

Canadian Apartment Properties Real Estate Investment TrustAnnouncement

23/02/2022 12:45

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RNS Number : 5824C  Irish Residential Prop REIT PLC  23 February 2022

 

23 February 2022

 

Dividend Declaration

 

Irish Residential Properties REIT plc (the "Company") announces that further
to the publication of its preliminary year end results for the period from 1
January 2021 to 31 December 2021, the board of the Company is pleased to
announce that it has declared a dividend of 3.08 cent per share for the period
ended 31 December 2021. The 3.08 cent per share will be wholly a Property
Income Distribution ("PID") as defined by the Irish REIT legislation and will
be paid on 29(th) March 2022 to shareholders on record on 4(th) March 2022.

 

For further information please contact:

 

For Investor Relations:

Irish Residential Properties REIT
plc
 

Sarah Stokes, Director Investor
Relations
Tel: +353 (0) 87 296 8382

Margaret Sweeney, Chief Executive Officer
 
Tel: +353 (0) 1 557 0974

 

For Media Requests:

Q4PR

Gerry
O'Sullivan
Tel: + 353 (0) 87 259 7644

 

 

 

About Irish Residential Properties REIT plc

 

Irish Residential Properties REIT plc (together with IRES Residential
Properties Limited & IRES Fund Management Limited, the "Group") is a
growth oriented Real Estate Investment Trust that is focused on acquiring,
holding, managing and developing investments primarily focused on private
residential rental accommodations in Ireland. The Group currently owns 3,915
apartments and houses for private rental in Dublin and Cork with an
additional 91 units due for delivery before the end of H1 2022 under
pre-purchase contracts and a further 44 units in 2023. The Company has a
further 61 units currently under construction directly on owned sites due in
H1 2022 and has planning approval to develop an additional 543 residential
units on its existing sites. The Company's shares are listed on Euronext
Dublin. Further information in respect of the Company can be obtained from the
Company's website at www.iresreit.ie (http://www.iresreit.ie/) .

 

Important information

 

This note applies if and to the extent that there are forward-looking
statements in this Announcement.

 

This Announcement may contain forward-looking statements, which are subject to
risks and uncertainties because they relate to expectations, beliefs,
projections, future plans and strategies, anticipated events or trends, and
similar expressions concerning matters that are not historical facts. Such
forward-looking statements involve known and unknown risks, uncertainties and
other factors, which may cause the actual results, performance or achievements
of the Company or the industry in which it operates, to be materially
different from any future results, performance or achievements expressed or
implied by such forward-looking statements. The forward-looking statements
referred to in this paragraph speak only as at the date of this Announcement.
Except as required by law or by any appropriate regulatory authority, the
Company will not undertake any obligation to release publicly any revision or
updates to these forward-looking statements to reflect future events,
circumstances, unanticipated events, new information or otherwise, including
in respect of the Covid-19 pandemic, the uncertainty of its duration and
impact, and any government regulations or legislation related to it.

 

 

 

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