Ameriprise Financial Increases Stake in Irish Residential Properties REIT

On October 3, 2025, Irish Residential Properties REIT plc (IRES) revealed a significant change in its shareholding structure. Ameriprise Financial, Inc., a Minneapolis-based company, has crossed the 7% threshold in voting rights. The move was completed on October 1, 2025, as detailed in the notification submitted to the Central Bank of Ireland.

Ameriprise now holds 7.154% of the voting rights in IRES, up from its previous position of 6.914%. This increase is captured in a Standard Form TR-1, which mandates disclosure for major holdings in publicly traded companies. TR Property Investment Trust Plc acts as the shareholder for Ameriprise Financial.

This development underscores Ameriprise's growing influence in the Irish real estate market, aligning with its strategy through controlled undertakings like Columbia Threadneedle Investments.