Louis D'Orves IREIT Global

IREIT Global has addressed concerns over the possibility that B&M might vacate any of the 17 assets it is acquiring.

These concerns have arisen amid the high-profile departure of Deutsche Telekom AG from Darmstadt Campus that has now become emblematic of the REIT’s biggest Achilles heel - tenant concentration.

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

Related: IREIT Global sets out plan for vacant mega asset

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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.