IREIT acquires four office properties in Spain

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No It exercised the call option to acquire Tikehau Capital’s 60% share in the properties. SGX-listed IREIT Global (IREIT) is acquiring 60% interest in four freehold multi-tenanted office properties in Spanish cities Madrid and Barcelona, a press release revealed. It will be bought from Tikehau Capital at an agreed market value of $220.75m (€136.4m) on a 100% basis. read more