Margaret Sweeney will retire from her role as executive director of Irish Residential Properties REIT (I-RES) next year. According to I-RES?s Third Quarter trading update, Sweeney has agreed to continue with the business beyond her six months? notice period if necessary, to ensure an orderly transition to her successor.

She joined the board as an independent director in 2016 and was appointed chief executive in November 2017. A process to appoint a successor will commence immediately, led by the firm?s nomination committee.