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IREIT Global (IREIT)
REITs
IREIT Global acquires 17 retail properties across France for EUR76.8 mil
The acquisition is expected to be accretive to the REIT’s DPU by 2.0% on a pro forma adjusted FY2022 basis.
June 01, 2023
REITs
A tale of two REITs - Cromwell European REIT and IREIT Global
What's the biggest difference between Cromwell European REIT and IREIT Global and their similarities? Find out here.
May 10, 2023
Broker's Calls
RHB remains 'neutral' on IREIT Global; says valuations are 'fair'
In its 1QFY2023 update, IREIT reported a portfolio occupancy of 87.0%, down 1.3 percentage points q-o-q, as at March 31.
April 28, 2023
REITs
IREIT to generate annual rental income of $1.8 mil from 15-year anchor lease with German federal government body
The REIT’s latest tenant is a 100%-owned agency of The State of Hesse.
April 24, 2023
Broker's Calls
Analysts mixed on IREIT Global amid slow leasing momentum
The lack of leasing progress is due to a combination of weak economic outlook and higher supply in the locality.
March 07, 2023
Broker's Calls
With strong balance sheet, IREIT’s gearing 'among the lowest' for S-REITs, but RHB trims TP
With 37 assets across Europe, IREIT has no debts maturing until November 2026.
November 16, 2022
REITs
IREIT's capital management is a plus, but portfolio faces some challenges at Darmstadt asset
IREIT Global keeps cost of debt low till 2026 but faces some leasing challenges at its Darmstadt Campus
November 13, 2022
Broker's Calls
S-REITs now at 'attractive levels' with bargains emerging following recent panic selling: UOB Kay Hian
Some of UOB Kay Hian's top picks include CLAS, FCT and LREIT.
October 13, 2022
Broker's Calls
Analysts keep 'buy' on IREIT Global as it rises against challenges
The brokerage has, however, lowered its target price to 72 cents from 74 cents.
August 16, 2022
Results
IREIT Global reports 1.4% drop in 1HFY2022 DPU of 1.41 Euro cents
As at June 30, IREIT Global’s aggregate leverage stood at 30.8%. Its net asset value (NAV) per unit stood at 83 cents.
August 11, 2022