IREIT Global

IREIT Global will be releasing its FY2024 financial results on 26 February 2025 after market trading hours! We are pleased to invite you to an exclusive webinar with IREIT Global on Thursday, 27 February 2025 at 12.00 pm, kindly hosted by Phillip Securities. During the session, the senior management team, led by CEO Mr Peter Viens, will go through the FY2024 results and portfolio operating performance, as well as the key priorities looking ahead. You are just one click away from registering for the event, giving you the opportunity to hear first-hand from the senior management and ask any questions you may have. Looking forward to your kind participation!

Wishing everyone a joyous and prosperous year of the snake! 🐍 祝大家蛇年吉祥如意，财源滚滚，幸福安康! 🧧 💰

𝐓𝐢𝐜𝐤 𝐭𝐡𝐞 𝐌𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞𝐬 𝐛𝐮𝐭 𝐍𝐞𝐯𝐞𝐫 𝐅𝐨𝐫𝐠𝐞𝐭 𝐨𝐮𝐫 𝐑𝐨𝐨𝐭𝐬 💪🏼 Listed on 13 August 2014, IREIT Global marks the first S-REIT 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 purposes, as well as real estate-related assets. 🥇 From our humble beginnings with just 4 properties in Germany, IREIT has since expanded its portfolio to 53 properties located in Germany, Spain and France. Along the way, we have also broadened our investment mandate to include properties in the retail, industrial (including logistics) and hospitality sectors. Our journey thus far has been extraordinary backed by the kind support of our Unitholders and joint sponsors, 𝐓𝐢𝐤𝐞𝐡𝐚𝐮 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 and 𝐂𝐢𝐭𝐲 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬 𝐋𝐢𝐦𝐢𝐭𝐞𝐝. IREIT made our first acquisition of Berlin Campus within a year from IPO, funded by an over-subscribed rights issue. To further enhance IREIT's diversification and income resiliency, IREIT acquired 27 retail properties leased to blue-chip tenant, Decathlon, in 2021 and 17 properties fully let to leading European discount retailer, B&M, in 2023. In 2025, IREIT will also commence on the repositioning of Berlin Campus. These strategic investments, complemented by our commitment to active asset management and prudent capital management, will position us well for the future. 🎯 🏢 As a responsible organisation, IREIT is also committed to integrate sustainability priorities into our core business and strategies. To-date, all our assets except the B&M Portfolio and Berlin Campus are green certified. In December 2024, IREIT also established a green financing framework as part of its goals to advance further on its sustainability initiatives. 🌎 Our dedication and hard work have since been recognised with several accolades, including the Silver Award for Best Investor Relations (REITs & Business Trusts category) by the Singapore Corporate Awards 2024, as well as the double Platinum Awards for “𝐁𝐞𝐬𝐭 𝐎𝐟𝐟𝐢𝐜𝐞 𝐑𝐄𝐈𝐓 (Singapore)” and “𝐁𝐞𝐬𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬 (Singapore)” at The Asia Pacific Best of the Breeds REITs Awards in October 2024. 🏆 ⭐ We would like to extend our heartfelt appreciation to all our stakeholders for their unwavering support. We stay true to our objectives of providing Unitholders with regular and stable distributions and endeavour to sharpen IREIT’s portfolio and income resiliency. ⭐ #IREIT #REITs #SREITs #SingaporeREIT #realestateinvestmenttrust #realestate #Europeanmarket #Europeanmarkets

As 2024 comes to a close, we reflect on the extraordinary year marked by hard work, new talent and achievements. Here's the #IREITBigThree of 2024: 1️⃣   𝐑𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐭 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐚𝐧𝐝 𝐄𝐱𝐩𝐚𝐧𝐝𝐞𝐝 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲 𝐦𝐚𝐫𝐤𝐞𝐝 𝐛𝐲 𝐒𝐭𝐫𝐨𝐧𝐠 𝐋𝐞𝐚𝐬𝐢𝐧𝐠 𝐌𝐨𝐦𝐞𝐧𝐭𝐮𝐦 🌍 ▪️ Resilient portfolio backed by a healthy portfolio occupancy of 89.6%, below-sector-average aggregate leverage of 37.7% and low interest rate of 1.9%, with 97.1% of existing borrowings hedged ▪️ Secured two major 20-year long hospitality lease contracts with UK’s largest hotel chain and long-stay hospitality operator ahead of Berlin Campus strategic repositioning, turning the property into a mixed-used asset and bringing its letting commitment to 24% of NLA ▪️ Expanded investment strategy to include hospitality, hospitality-related, accommodation and/or lodging assets to enable IREIT to benefit from further portfolio diversification and acquisition opportunities in the new asset class 2️⃣ 𝐍𝐞𝐰 𝐓𝐚𝐥𝐞𝐧𝐭 𝐭𝐨 𝐝𝐫𝐢𝐯𝐞 𝐋𝐨𝐧𝐠 𝐓𝐞𝐫𝐦 𝐆𝐫𝐨𝐰𝐭𝐡 𝐏𝐥𝐚𝐧𝐬 🎯 ▪️ Mr Louis d’Estienne d’Orves relinquished his CEO position and took on a directorship position with the Manager, enabling it to continue leveraging on his experience and knowledge of IREIT ▪️ Mr Peter Viens appointed new CEO of the Manager, bringing along his extensive experience in the real estate sector and plans to continue diversifying IREIT’s assets and enhancing its potfolio resilience ▪️ Mr Emilio Velasco appointed CIO of the Manager to assist Mr Viens in overseeing IREIT’s investment and asset management functions, given his extensive experience in investment banking and real estate 3️⃣ 𝐇𝐨𝐧𝐨𝐫𝐞𝐝 𝐰𝐢𝐭𝐡 𝐓𝐫𝐢𝐩𝐥𝐞 𝐀𝐰𝐚𝐫𝐝𝐬 🏆 ▪️ Conferred the Silver Award for Best Investor Relations (REITs & Business Trusts category) by the Singapore Corporate Awards 2024 ▪️ Achieved Double Platinum Wins at The Asia Pacific Best of the Breeds REITs & Real Estate Investment Awards 2024 A huge thank you to our joint sponsors, Tikehau Capital and City Developments Limited, and all our stakeholders for your kind support and patience for progressing along with us. We are envisioning new opportunities in 2025! In the meanwhile, wishing everyone a very Happy New Year, filled with happiness, good health and great success! 🌟 #IREIT #REITs #SREITS #SingaporeREIT #realestateinvestmenttrust #realestate #Europeanmarket #BusinessUpdate

May this amazing holiday season bring you abundance of blessings, love and cheer! From all of us at IREIT Global, wishing you a Merry Christmas and a very Happy New Year! 🎅 🎄 🎁 🥂 #IREIT #REITs #SREIT #SREITS #SingaporeREIT #RealEstateInvestmentTrust #RealEstate #EuropeanMarket #Christmas

🎄 𝐂𝐡𝐫𝐢𝐬𝐭𝐦𝐚𝐬 𝐜𝐚𝐦𝐞 𝐞𝐚𝐫𝐥𝐲 𝐟𝐨𝐫 IREIT Global! 🎄 We are pleased to secure a major lease agreement with long-stay hospitality operator, Stayery, for approximately 10,600 sqm of GFA at Berlin Campus to operate approximately 255 guest rooms. This marks the 𝐬𝐞𝐜𝐨𝐧𝐝 𝐰𝐢𝐧𝐧𝐢𝐧𝐠 𝐨𝐟 𝐚 𝐦𝐚𝐣𝐨𝐫 𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭 at the property within a month, following the first lease secured with United Kingdom’s largest hotel chain, Premier Inn, towards the end of November 2024. Stayery is a modern serviced apartment concept which has a growing presence in Germany, combining the comfort of an apartment with the services of a hotel. The lease agreement has a 𝐥𝐨𝐧𝐠 𝐥𝐞𝐚𝐬𝐞 𝐝𝐮𝐫𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 20 𝐲𝐞𝐚𝐫𝐬 𝐰𝐢𝐭𝐡 𝐧𝐨 𝐛𝐫𝐞𝐚𝐤 𝐨𝐩𝐭𝐢𝐨𝐧, 𝐬𝐭𝐞𝐩-𝐮𝐩 𝐫𝐞𝐧𝐭𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐟𝐢𝐫𝐬𝐭 𝐭𝐡𝐫𝐞𝐞 𝐲𝐞𝐚𝐫𝐬, 𝐚𝐧𝐝 𝐚𝐧𝐧𝐮𝐚𝐥 𝐂𝐏𝐈 𝐢𝐧𝐝𝐞𝐱𝐚𝐭𝐢𝐨𝐧 starting from the fourth year. The tenant is expected to start operating by the first half of 2027. 🏨 With the addition of this second new lease at Berlin Campus, commitment for a total GFA of 20,948 sqm (representing 24% of NLA) has now been garnered at Berlin Campus, ahead of its strategic repositioning. This places IREIT well on track on its execution plans to reposition Berlin Campus into a multi-let and mixed-use asset with office, retail and hotel components. Mr Peter Viens, Chief Executive Officer of the Manager, said, “Our success in securing these new hospitality leases ahead of Berlin Campus’ repositioning underscores the market appeal of the repositioned property and reflects IREIT’s proactive approach towards asset management. These leases will not only provide a perfect complementary fit, diversify our tenant mix but also create a compelling unique selling point for other prospective tenants, thereby reinforcing the value proposition of our repositioning efforts.” See our press release for more details: https://lnkd.in/g35HQgX6 #IREIT #REITs #SREIT #SREITS #SingaporeREIT #RealEstateInvestmentTrust #RealEstate #EuropeanMarket #EuropeanHospitalityMarket #Stayery

A great round-up by Beansprout on the European real estate market and strategic directions of the 3 European S-REITs, namely IREIT Global, Elite UK REIT and Cromwell European REIT. For a full video of the session, including the exciting panel discussion among the CEOs of the 3 European S-REITs, please tune in here: https://lnkd.in/gxs69JtF

🍀 𝐆𝐨 𝐆𝐫𝐞𝐞𝐧, 𝐨𝐫 𝐠𝐨 𝐇𝐨𝐦𝐞! 🍀 IREIT Global is pleased to announce that it has established a 𝐠𝐫𝐞𝐞𝐧 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐧𝐠 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤 to further advance and integrate its sustainability commitments and priorities into its core business and strategies. The framework has been prepared in accordance with the internationally recognised Green Bond Principles and Green Loan Principles. Going forward, it will serve as a guideline on how IREIT intends to enter into green finance transactions, such as green bonds or green loans, to fund its projects. The framework has been independently reviewed by second-party opinion professional, 𝐒&𝐏 𝐆𝐥𝐨𝐛𝐚𝐥 𝐑𝐚𝐭𝐢𝐧𝐠𝐬, which has assessed that it is aligned with the Green Bond Principles and Green Loan Principles, thereby assigning a light green shade rating. Mr Peter Viens, CEO of the Manager, said, “As a responsible real estate owner and investor, we will seek to fund projects and investments under the framework. This will facilitate the efforts in making positive impacts towards the globally shared goal of keeping global warming under 2˚C.” 🌍 “As part of our long-term goals towards building a stable and resilient portfolio, we are now targeting to pursue green certifications for our B&M retail portfolio in France. Together with a potential LEED Gold certification upon completion of the repositioning of Berlin Campus, 100% of IREIT’s portfolio assets would be green certified,” added Mr Viens. 💯 See our press release here: https://lnkd.in/gzMMZ9FW #IREIT #REITs #SREIT #SREITS #SingaporeREIT #RealEstateInvestmentTrust #RealEstate #EuropeanMarket #GreenFinancingFramework

𝐈𝐑𝐄𝐈𝐓 𝐬𝐞𝐜𝐮𝐫𝐞𝐬 𝐦𝐚𝐣𝐨𝐫 𝐡𝐨𝐬𝐩𝐢𝐭𝐚𝐥𝐢𝐭𝐲 𝐥𝐞𝐚𝐬𝐞 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭 𝐰𝐢𝐭𝐡 𝐔𝐊’𝐬 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐡𝐨𝐭𝐞𝐥 𝐜𝐡𝐚𝐢𝐧, 𝐏𝐫𝐞𝐦𝐢𝐞𝐫 𝐈𝐧𝐧, 𝐚𝐭 𝐁𝐞𝐫𝐥𝐢𝐧 𝐂𝐚𝐦𝐩𝐮𝐬   Code-named Project RE:O, IREIT’s comprehensive strategy to reposition Berlin Campus into a multi-let and mixed-use asset with office, retail and hotel components, is shaping up nicely!   We are delighted to announce yesterday that we have inked a 20-year hospitality lease contract with Premier Inn for 12% of the net lettable area to operate 270 rooms at Berlin Campus. This long lease agreement comes with built-in step-up rents, annual indexations and no break option. Premier Inn is the UK’s largest hotel chain, offering over 800 hotels and 77,000 rooms across the UK and beyond. We warmly welcome this blue-chip tenant to our property! 👐 In conjunction with the signing of this hospitality lease at Berlin Campus, IREIT will be expanding our investment strategy to include hospitality, hospitality-related, accommodation and/or lodging assets. The expansion of investment mandate will allow IREIT to accelerate our portfolio diversification and to seize acquisition opportunities in these new asset classes. 🏨 𝐀𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐥𝐞𝐚𝐬𝐞 𝐚𝐠𝐫𝐞𝐞𝐦𝐞𝐧𝐭: 📌 Long duration of 20 years with no break option; 📌 Annual rent of approximately €2.2 million once the hotel segment is completed by 1H2027 and €2.6 million after a four-year step-up period; and 📌 Annual indexation after step-up period. Leveraging on the excellent connection of Berlin campus, which is nestled in the heart of the Lichtenberg district, within close proximity to the Ostkreuz main railway station, Berlin Campus is set to be an iconic development that will anchor the future resilience of IREIT’s portfolio. Notably, Berlin Campus is likely to attain a Leadership in Energy and Environmental Design (“LEED”) Gold certification upon completion of the repositioning, through the implementation of innovative high-tech concept and environmentally friendly building materials. On the repositioning, Mr Peter Viens, CEO of the Manager, commented that the achievement of this significant milestone demonstrates IREIT’s capabilities to manage a significant asset management project and that the team is working hard on another hospitality lease concept in Berlin Campus to be  announced in the near future. Mr Viens also expressed deep appreciation for the support from IREIT’s joint sponsors, Tikehau Capital and City Developments Limited, and for their confidence in the long-term attractiveness of Berlin Campus post repositioning. See our press release here: https://lnkd.in/g_6YwimE #IREIT #REITs #SREIT #SREITS #SingaporeREIT #RealEstateInvestmentTrust #RealEstate #EuropeanMarket #EuropeanHospitalityMarket

A very lively and memorable evening at SGX Discovery Series with Beansprout event, where our CEO Mr Peter Viens engaged investors via a panel discussion alongside with the esteemed CEOs Mr Simon Garing and Mr Josh Liaw from Cromwell European REIT and Elite UK REIT, respectively. Titled "Forging a Resilient Tomorrow", Mr Viens also presented to a crowd of over 85 participants on IREIT's operational performance and leasing activities, and shared details on the strategic repositioning of Berlin Campus into a multi-let, mixed-use asset with strong sustainability features. We would like to express our wholehearted thanks to SGX Group, Beansprout, REITAS (REIT Association of Singapore) and our 2 European S-REITs counterparts for jointly contributing to the big success of this first-ever collaboration. Looking forward to future partnership opportunities to expand our outreach to the investment community! 🙏 #IREIT #REITs #SREITS #SingaporeREIT #RealEstateInvestmentTrust #RealEstate #EuropeanMarket #SGXDiscoverySeries #REITAS #Beansprout