Ameriprise Financial Increases Stake in Irish Residential Properties REIT

Irish Residential Properties REIT plc, a major player in the residential real estate sector, has witnessed a significant increase in its shareholding by Ameriprise Financial, Inc. This development was officially recorded on January 19, 2026, following a threshold crossing on January 15, 2026.

Ameriprise Financial, with its registered office in Minneapolis, USA, now holds 9.994% of the voting rights in the company, up from a previous position of 7.154%. This change was primarily executed through their associated entity, TR Property Investment Trust plc. The threshold crossing was marked at both 8% and 9% levels.

The transaction did not involve financial instruments, maintaining Ameriprise's holding purely in voting rights related to shares. This strategic acquisition reflects Ameriprise's growing influence and interest in the Irish real estate market.