IREIT Global’s new CEO aims to grow ‘too small’ REIT with a continued focus on diversification

Peter Viens, the new CEO of IREIT Global (SGX:UD1U) ’s manager, has outlined his ambitions to expand the REIT’s footprint and scale. Viens became the CEO of the manager on Nov 5 while former CEO Louis d’Estienne d’Orves was redesignated to become a non-executive director on the REIT’s board.

Speaking at his first results briefing for the 3QFY2024 ended Sept 30 on Nov 13, Viens noted that IREIT Global was “too small” and said that it needed to grow in order to enter indices and subsequently “open the road” to institutional investors.