About Ireit Global

• First Singapore-listed real estate investment trust (REIT) established with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is used primarily for office, retail and industrial (including logistics) purposes, as well as real estate-related assets.
• Its portfolio currently consists of five quality freehold office properties in Germany, valued at €526.4 million as at 30 June 2019. Major tenants include GMG, a wholly-owned subsidiary of Deutsche Telekom, and Deutsche Rentenversicherung Bund.
• Strategically located in the cities of Berlin, Bonn, Darmstadt, Munich and Münster, the properties, with an aggregate net lettable area of c.200,600 sqm and c.3,400 carpark lots, are almost fully let.
• Managed by IREIT Global Group Pte. Ltd., which is jointly owned by Tikehau Capital and City Developments Limited.
• Tikehau Capital is an asset management and investment group listed in France, while City Developments Limited is a leading real estate operating company listed in Singapore.

Key Objective

The Manager's key financial objectives are to provide unitholders of IREIT with regular and stable distributions, as well as the potential for sustainable long-term growth, while maintaining an appropriate capital structure for IREIT.