Basic Profile & Key Statistics
Main Sector(s): Office & RetailCountry(s) with Assets: Germany, Spain & FranceNo. of Properties (exclude associate/fund): 37
Key Indicators
Performance Highlight
Gross revenue, NPI and distributable income declined YoY mainly due to the vacancy in Darmstadt Campus and one-off rent-free period in Bonn Campus, Münster Campus and Sant Cugat Green.
Rental Reversion
Rental Reversion is at 0% for 1H 2023.
Acquisition
In July, IREIT completed the preferential offer and received approval at EGM for the acquisition of B&M portfolio. The acquisition is expected to be completed by 3Q 2023.
Related Parties Shareholding
REIT Sponsor's Shareholding: Above median by 20% or moreREIT Manager's Shareholding: Below median by 20% or moreDirectors of REIT Manager's Shareholding: Above median by 10% or more
Lease Profile
Committed Occupancy: Below median by 5% or moreWALE: Above median by 20% or moreHighest Lease Expiry within 5 Years: Above median by 20% or more; Falls in 2024Weighted Average Land Lease Expiry: 100%...