IREIT Global reported a slight uptick in its aggregate leverage for the third quarter of 2025, as the REIT continues efforts to reposition its Berlin Campus asset.
The REIT's aggregate leverage edged up to 41.3% as at 30 September 2025 from 41.1% as at 30 June 2025, though it remained lower than the S-REITs office subsector average of 44.3% based on OCBC Investment Research data from 10 November 2025.
Portfolio committed occupancy also declined slightly to 89.0% as at 30 September 2025 from 89.5% as at 30 June 2025, excluding the Berlin Campus which is undergoing repositioning.
The REIT’s weighted average lease expiry (WALE) shortened to 5.6 years from 5.8 years as at 30 June 2025, though long leases with strong tenants continued to provide resilience to the portfolio.
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