trending Market Intelligence /marketintelligence/en/news-insights/trending/IMzUT431Nvlu1W9aRm044A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

IREIT Global, Tikehau close €133.8M purchase of 4 Spanish office buildings

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Real Estate

Real Estate Solutions Overview


IREIT Global, Tikehau close €133.8M purchase of 4 Spanish office buildings

IREIT Global's joint venture with Tikehau Capital completed the €133.8 million acquisition of four freehold office buildings in Spain.

City Developments Ltd. also participated in the transaction by providing a loan for the Singapore-listed real estate investment trust, which owns 40% of the joint venture.

The purchased properties, which changed hands at a 3.3% discount to the buildings' €138.3 million aggregate value, are leased to tenants including Clece, Digitex, Gesif, Catalan Media Corp., Coca-Cola European Partners, DXC Technology and Roche.

Following the transaction, IREIT's portfolio comprises five office properties in Germany and the four buildings in Spain, according to a Dec. 20 news release.