In terms of bad political timing for the Government, you can’t get much worse than the country’s largest corporate landlord telling its investors, on the eve of the Government’s big rental reforms coming into effect, that those reforms would uplift rental revenues by 25%. And yet, that is exactly what has happened.
Yesterday, the Taoiseach was reduced to mumbling – under a sustained assault by Mary Lou McDonald – an implication that Ires Reit (the company in question) might have its figures wrong. It does not.
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