On February 9, 2024, Irish Residential Properties REIT Plc?s announced that its board gains support from Glass Lewis and Institutional Shareholder Services ahead of the upcoming EGM, advising against Vision Capital's resolutions to overhaul the board and potentially delist or sell assets. Vision Capital seeks control of 5 board seats and proposes significant changes. Capreit, the largest shareholder, sells shares, sparking speculation about its stance on Vision's proposals.

Jeffrey Olin of Vision claims 36% shareholder support, including Capreit and Ewing Morris & Co. Ires Reit, led by Margaret Sweeney, plans a strategic review considering various options amid favorable market conditions, including consolidation, mergers, delisting, or asset sales.