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.
Case details
- Notification date:16 June 2019
- Publication date:16 June 2019
- Economic sector:Real estate activities - M
- Economic sub-sector:Real estate activities - M.68
- Outcome:Cleared
Documents
M.19.015 Merger AnnouncementPDF | 436 KBM.19.015 Merger Announcement PDF | 436 KB - Opens in new window
M.19.015 DeterminationPDF | 730 KBM.19.015 Determination PDF | 730 KB - Opens in new window
Timetable
Parties Involved
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.
Contacts
Harry Costello harrycostello@ccpc.ie
