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iREIT Global
REITs
IREIT Global secures 6 -year lease extension of Bonn Campus to Deutsche Telekom
IREIT Global's manager secures 6 year extension for least at Bonn Campus to unit of Deutsche Telekom
May 17, 2022
REITs
IREIT Global acquires fifth office property in Spain for EUR27.2 mil
The acquisition is expected to be DPU accretive at 3.4% on a pro forma adjusted FY2020 basis.
September 24, 2021
Billion Dollar Club 2021
IREIT Global makes big leap forward with Decathlon portfolio acquisition
IREIT Global, a relatively low-profile REIT, emerged tops in the Centurion awards among its peers.
September 10, 2021
REITs
IREIT Global's $126.7 mil equity fund raise for Decathlon acquisition sees preferential units oversubscribed
The 201 mil preferential offering units had a subscription rate of 151.2%.
July 15, 2021
Broker's Calls
PhillipCapital keeps 'accumulate' on iREIT Global with lower TP of 68 cents
Units in iREIT closed flat at 64 cents on May 19, or 0.9 times P/NAV, according to PhillipCapital's estimates.
May 19, 2021
REITs
IREIT Global to acquire Decathlon properties in France without 'financial doping', backed by CDL
IREIT Global plans to acquire 27 properties from Decathlon which is likely to be yield accretive but NAV dilutive
April 30, 2021
Broker's Calls
'Accumulate' iREIT Global on strong portfolio occupancy and rental collection: PhillipCapital
Target price was increased from 68 to 70 cents following the REIT’s announcement of its FY2020 results.
March 02, 2021
Billion Dollar Club 2020
REITs with non-Singapore portfolios stand out
REITs with non-Singapore portfolios, most notably EC World REIT, do well at this year's Centurion Club awards.
December 11, 2020
Company in the news
MAS and CAD arrest current and former directors and officers of EHT's managers
EHT says investigations are still ongoing and that none of the individuals have been charged for any offence.
October 05, 2020
REITs
REITs lean on unitholders for $1.7 bil of equity funding
When REITs acquire properties 'for growth' unitholders have to fund these acquisitions which are not always accretive.
September 25, 2020