IRISH RESIDENTIAL Properties(I-Res) REIT floated in 2014, at which stage Capreit, the Canadian company behind the group, signed itself up to a lucrative management deal whereby it got 3% of total rent income plus 1.5% pa of the total value of the apartments bought, as well as remunerating Capreit for the direct costs incurred. Moneybags pointed… Read more »
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