Darmstadt Campus, an asset of IREIT Global. (IREIT Global)Darmstadt Campus, an asset of IREIT Global. (IREIT Global)

IREIT Global is about to lose the lease of a major tenant in just a few days, but the landlord struck an optimistic note during a 10 November call to discuss its latest results.

The REIT disclosed a day before the call that it has secured 11,800 square metres of leases across its portfolio in 3Q 2022.

IREIT Global is a Singapore-listed but Europe-focused REIT with a portfolio of five office properties in Germany, five office assets in Spain, and 27 retail properties in France.

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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.