IREIT Global's Bonn Campus (Photo: IREIT Global)IREIT Global's Bonn Campus (Photo: IREIT Global)

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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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.