IREIT marks foray into Spain with EUR133 million acquisition

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IREIT Global and Tikehau Capital has entered into a joint venture to acquire four office properties in Spain for EUR133.8 million.

The joint venture would be 40% held by IREIT and 60.0% held by Tikehau Capital.

The property is 80.9% occupied, and is anchored by companies such as Roche, and Coca-Cola European Partners.

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