Bond Capital Partners has increased its stake in IREIT Global in an off-market deal that netted the former a discount of almost 5% off the prevailing market price for the day.
The transaction was carried out on 30 September via a private sale-and-purchase agreement between Bond Capital and the manager of IREIT Global.
Bond Capital first became a unitholder in IREIT Global in mid-2021 as part of an equity fund raising exercise to finance the acquisition of the REIT’s Decathlon portfolio in France.
Related: IREIT Global sees 151% subscription rate for equity fund raising exercise
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