Tikehau Capital raises stakeholdings in IREIT Global and manager

SINGAPORE (July 5): Tikehau Capital, the controlling shareholder of the manager of IREIT Global (IREIT), is increasing its stakeholdings in the manager as well as the Europe-focused real estate investment trust.

Tikehau Investment Management Asia Pacific (TIM AP), Tikehau Capital's arm in Asia, has agreed to acquire 4.52% of the shares of the manager IREIT Global Group from Dolphin Two. In addition, Tikehau Capital has agreed to acquire an additional 4.39% of the units in IREIT, the Europe-focused real estate investment trust.

TIM AP holds 80% of the shares in the manager and Tikehau Capital holds 3.61% of the units. Following the completion of the transaction, TIM AP will hold 84.52% of the shares in the manager and Tikehau Capital will hold 8.00% of the units.

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