IREIT Global has a portfolio of 53 office and retail assets across Germany, France and Spain. Pure play Western Europe-focused REIT Listed in 2014, IREIT Global was the first Singapore-listed REIT with a portfolio of income-producing real estate in Europe. The REIT currently has a focus on investing in real estate used primarily for office, retail and industrial (including logistics) purposes. Its joint sponsors are Tikehau Capital and City Developments Limited, both with a 50% stake in IREIT’s manager. Source: IREIT Global Portfolio of 53 properties worth €855.6 mn across Germany, Spain and France By geography, Germany represented 61% of the group’s property portfolio by valuation, with France and Spain representing 24% and 15% respectively. By asset class, office represented 76% of portfolio valuations (across Germany and Spain) with the French retail portfolio representing the remaining 24%. As of September 2024, the portfolio’s overall occupancy rate stood at 89.6%, with a Weighted Average Lease Expiry (WALE) of 4.6 years. Source: IREIT Global 3.2% DPU growth in 1H24 financial results...