M/19/015 – 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.
| Notification date | Decision date |
|---|---|
| Monday June 17, 2019 | Friday, July 19, 2019 |
| Parties Involved | Business activities |
|---|---|
| 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. |
| Economic sector | Media merger |
|---|---|
| Property | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Monday, July 1, 2019 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Harry Costello | Harry Costello |
Media enquiries: communications@ccpc.ie
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