The Ires Reit boss also wants to see proposed changes to building design requirements for apartments implemented. Mr Byrne was speaking as Ires Reit released preliminary full-year results, which were positively viewed by analysts. Adjusted net earnings rose 7.4pc to €32.8m, while its net rental income was €66.7m, a 1.9pc increase. Shares in Ires Reit have languished in recent years. The rent regulations strangled development and our business is probably just the most visible part of that.”