BlackRock Restructures Holdings After HPS Acquisition

Following a recent group restructuring, BlackRock, Inc. has updated its holdings in Irish Residential Properties REIT plc (IRES). This follows the acquisition of HPS Investment Partners, as per the notification released on 4th July 2025. The original announcement had an incomplete chain of controlled undertakings, which has now been rectified.

The restructure led to a marginal increase in the total voting rights held by BlackRock, rising from 4.13% to 4.30%. BlackRock's direct voting rights now constitute 3.57%, while voting rights through financial instruments stand at 0.73%.

This notification is part of the standard form TR-1 procedure, which alerts issuers and the Central Bank of Ireland to major shareholding changes. The full controlled chain of undertakings related to this holding has been declared, establishing BlackRock's continued influence through its subsidiaries.