M/19/015 – Irish Residential Properties REIT/ XVI Portfolio (Marathon)

Transaction details

The proposed acquisition by Irish Residential Properties REIT of sole control of XVI Portfolio (Marathon) has been cleared by the Competition and Consumer Protection Commission.

Notification date Decision date
Monday June 17, 2019 Friday, July 19, 2019
Parties Involved Business activities
Irish Residential Properties REIT

Irish Residential Properties REIT is an Irish real estate investment trust focused on building a portfolio of residential accommodations in Ireland. Irish Residential Properties REIT has been listed on Euronext Dublin since April 2014.

XVI Portfolio

XVI Portfolio is ultimately controlled by Marathon Asset Management and comprises of 16 developments, consisting of 815 residential units. 15 of these developments are located in Dublin, with the remaining development in Cork.

Economic sector Media merger
Property No
Submissions from third parties due by:
Phase 1 Phase 2
Monday, July 1, 2019
Current status: Completed
Cleared (Phase 1)
Authorised Officer Assigned Contact Details
Harry Costello

Harry Costello
Analyst/ Investigator
Competition Enforcement and Mergers
Competition and Consumer Protection Commission
Bloom House
Railway Street
Dublin 1
T: +353 1 402 5512
email: harrycostello@ccpc.ie

Media enquiries: communications@ccpc.ie

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