Darmstadt Campus (Google Maps)

IREIT Global has lost another lease from GMG Generalmietgesellschaft mbH (GMG), a wholly owned subsidiary of Deutsche Telekom.

The REIT announced on 5 November that GMG now intends to vacate Darmstadt Campus when the lease expires on 29 November 2022.

GMG is the sole tenant at this asset.

Prior to losing this lease, IREIT announced in April 2021 that it was losing GMG’s lease at Münster South building.

Related: IREIT Global loses GMG’s lease at Münster South building

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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.