On January 15, 2024, Mark Kenney, chief executive of Capreit, the Canadian property fund which holds almost 20 per cent in Irish Residential Properties REIT Plc?s, told the newspaper that proposals being tabled by Vision Capital merit careful consideration. Vision Capital, a separate Canadian fund which has been deeply critical of the management of Ires, has tabled a series of motions for an EGM in February, asking shareholders to vote to replace 5 existing directors including the chief executive, chief financial officer and chair with 5 nominees it is putting forward. Kenney said his board is considering the plan to break up Ires in advance of the EGM, but that Capreit has not reached any final decision in relation to its voting intentions at this time.