About IREIT Global
IREIT Global, which was listed on 13 August 2014, is the first Singapore-listed real estate investment trust with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is or will be primarily used for office, retail, industrial (including logistics and business parks), hospitality, hospitality-related and other accommodation and/or lodging purposes, as well as real estate-related assets.
IREIT's portfolio comprises five freehold office properties in Germany, four freehold office properties in Spain and 44 retail properties in France, with a total lettable area of approximately 425,000 sqm. The portfolio has an occupancy rate of approximately 89.4% and an independent valuation of approximately €798.1 million as at 31 December 2025.
IREIT Global is managed by IREIT Global Group Pte. Ltd. (the “Manager”), which is jointly owned by Tikehau Capital and City Developments Limited (“CDL”). Tikehau Capital is a global alternative asset management group listed in France, while CDL is a leading global real estate company listed in Singapore.
Key Objective
The Manager's key financial objectives are to provide unitholders of IREIT (“Unitholders”) with regular and stable distributions, and the potential for sustainable long-term growth in distribution per Unit (“DPU”) and net asset value (“NAV”) per Unit, while maintaining an appropriate capital structure for IREIT.
Strategy
About Tikehau Capital
Tikehau Capital is a global alternative asset management group managing €52.8 billion of assets as at 31 December 2025. Tikehau Capital has developed a wide range of expertise across four asset classes: Credit, Real Assets, Private Equity, and Capital Markets Strategies. Capitalizing on its strong equity base (€3.1 billion as at 31 December 2025), Tikehau Capital invests its own capital alongside its investor-clients. The Group is guided by a strong entrepreneurial spirit and DNA, shared by its 717 employees across 17 offices in Europe, Asia, and North America.
About City Developments Limited
CDL is a leading global real estate company with a network spanning 168 locations in 29 countries and regions. Listed on the Singapore Exchange, CDL is one of the largest companies by market capitalisation. Its income-stable and geographically diverse portfolio comprises residences, offices, hotels, serviced apartments, student accommodation, retail malls and integrated developments.
With a proven track record of over 60 years in real estate development, investment, and management, CDL has developed over 53,000 homes and owns around 23 million square feet of gross floor area in residential for lease, commercial and hospitality assets globally.
Along with its wholly-owned hotel subsidiary, Millennium & Copthorne Hotels Limited, CDL has over 160 hotels worldwide, many in key gateway cities.
