Irish Residential Properties REIT : Holdings in Company

Company name	Irish Res Prop REIT
Headline	Holdings in Company

RNS Number : 0319M

Irish Residential Prop REIT PLC

11 September 2019

Standard Form TR-1

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the Central Bank of Ireland)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

Irish Residential Properties REIT

2. Reason for the notification (please tick the appropriate box or boxes):

[x] An acquisition or disposal of voting rights

• ] An acquisition or disposal of financial instruments
• ] An event changing the breakdown of voting rights
• ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:	City and country of registered office (if applicable):
Timbercreek Asset Management	Toronto, Canada
Inc.

1. Full name of shareholder(s) (if different from 3.)v:
2. Date on which the threshold was crossed or reachedvi:

September 10, 2019

6. Date on which issuer notified:

September 11, 2019

7. Threshold(s) that is/are crossed or reached:

6%

8. Total positions of person(s) subject to the notification obligation:

	% of voting	% of voting rights	Total of both in	Total number of
	rights attached	through financial	% (9.A + 9.B)	voting rights of
	to shares (total	instruments		issuervii
	of 9.A)	(total of 9.B.1 +
		9.B.2)
Resulting
situation on the
date on which	5.98%		5.98%	520,803,946
threshold was
crossed or
reached
Position of
previous	6.81%		6.81%
notification (if
applicable)

9. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of	Number of voting rightsix	% of voting rights
shares
ISIN code (if
possible)	Direct	Indirect	Direct	Indirect
IE00BJ34P519	31,158,461		5.98%

SUBTOTAL A 31,158,461

5.98%

B 1: Financial Instruments according to Regulation 17(1)(a) of the

Regulations

			Number of voting
Type of	Expiration	Exercise/	rights that may be	% of
financial	datex	Conversion Periodxi	acquired if the	voting
instrument	instrument is	rights
			exercised/converted.

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Regulation 17(1)(b) of the Regulations

	Type of	Expiration	Exercise/	Physical or cash	Number of	% of
	financial	datex	Conversion	settlementxii	voting	voting
	instrument	Period xi	rights	rights

SUBTOTAL B.2

10. Information in relation to the person subject to the notification obligation (please tick the applicable box):

• ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding

directly or indirectly an interest in the (underlying) issuer.xiii

[X ] Fullchain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

	% of voting rights if	% of voting rights	Total of both if it
	through financial
Namexv	it equals or is	instruments if it	equals or is higher
higher than the	equals or is higher	than the notifiable
	notifiable threshold	than the notifiable	threshold
		threshold
Timbercreek Asset
Management Inc.
Timbercreek	5.98%		5.98%
Investment
Management Inc.
BAYVK - REITS 1
Fonds FCP - FIS	3.85%		3.85%
HI-KZVK-I1-Fonds
Timbercreek Four
Quadrant Global
Real Estate Partners
Counsel Global Real
Estate Fund
Newport Yield Fund
Lonsdale Tactical
Fund
SIREN Fund - Global
Real Estate Value
Fund
Timbercreek Asset

Management Inc.

Timbercreek

Investment

Management (U.S.)

LLC

The Commonwealth

Fund

Agility Real Assets

LLC

Timbercreek Global

Real Estate Core

Fund, L.P.

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
2. Additional informationxvi:

Timbercreek Investment Management Inc. is currently registered with the Ontario Securities Commission as a portfolio manager, investment fund manager, and exempt market dealer and as an Investment Advisor with the U.S. Securities and Exchange Commission. Timbercreek Investment Management (U.S.) LLC is currently registered as an Investment Advisor with the U.S. Securities and Exchange Commission. Both firms provide discretionary portfolio management services to the respective entities listed in section 10 and are wholly owned subsidiaries of Timbercreek Asset Management Inc.

Done at Toronto, Ontario, Canada on September 11, 2019.

This announcement has been issued through the Companies Announcement Service of

Euronext Dublin.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] visit www.rns.com.

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