Further activist interest in Ires heaps on pressure ahead of agm

’s incoming boss, Eddie Byrne, won’t have much time to settle in when he officially becomes chief executive designate on April 8th.to put itself up for sale for almost a year, will have to post within days of Byrne’s arrival a notice of its upcoming annual general meeting, scheduled for May 2nd.

Byrne, who officially takes over as chief executive a day before the agm, and the company’s new chairman, Hugh Scott-Barrett, know they’ll face another public battle if the board doesn’t accede to Vision’s demands.Could empty nesters be crucial to solving the housing crisis?One big backer of Vision at the egm, Ires’s founder, Canadian firm Capreit, may have been slowly backing away in recent months, cutting its stake to 13.1 per cent from 18.

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