On 23 May 2017, purchased 10,000 shares of IREIT Global at $0.755 per share. IREIT Global is a pure focused Europe office reit listed in SGX which comprises of 5 freehold office buildings in Germany. Distribution per unit is  SGD 0.0633 for FY 2016 , however the distribution policy for FY 2017 is 90% of the income instead of 100% of the income. That will translate to DPU of SGD 0.05697. Based on my purchase price @ $0.755, the yield will be 7.55%. Occupancy rate is at 99.8% , WALE is 5.9  years. Last year, Tikehau Capital a pan Europe asset management firm had acquired 80% of the fund Manager. In my opinion  IREIT Global will include other asset type such as retail, healthcare & logistic in its portfolio when opportunity arises. 88% of the debts are at fixed interest rates at effective interest ......