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IREIT Global (IREIT)
Broker's Calls
RHB cuts IREIT Global’s TP to 42 cents on ‘muted outlook’
Looking ahead, analyst Vijay Natarajan is expecting IREIT’s DPU for the 2HFY2023 to remain weak.
18 days ago
Broker's Calls
Brokers' Digest: IREIT Global, Dyna-Mac Holdings, OCBC, Venture Corporation, StarHub
See what the analysts have to say this week.
August 11, 2023
Broker's Calls
DBS downgrades IREIT Global to ‘hold’ with lower TP of 45 cents
Despite the downgrade, DBS Group Research remains relatively upbeat over IREIT Global's "well-diversified" portfolio.
August 08, 2023
Results
IREIT Global 1HFY2023 DPU falls 23.8% y-o-y following July preferential offering
IREIT announced in June the proposed acquisition of 17 retail properties in France that are fully leased to retailer B&M Group.
August 03, 2023
REITs
IREIT Global raises $75.9 mil as preferential offering 134.7% subscribed
The preferential offering units are expected to be listed and quoted on the SGX-ST's Mainboard at 9am on July 19.
July 13, 2023
REITs
IREIT Global launches fully underwritten preferential offering to raise $75.9 mil
The proceeds will be used to mainly fund the acquisition of the 17 retail properties located across France.
June 19, 2023
Broker's Calls
RHB trims IREIT Global’s TP to 53 cents after proposed acquisition of French out-of-town retail parks
On the rest of IREIT’s portfolio, the analyst notes that the key near-term risk is the uncertainty surrounding its Berlin campus.
June 07, 2023
REITs
IREIT Global acquires 17 retail properties across France for EUR76.8 mil
The acquisition is expected to be accretive to the REIT’s DPU by 2.0% on a pro forma adjusted FY2022 basis.
June 01, 2023
REITs
A tale of two REITs - Cromwell European REIT and IREIT Global
What's the biggest difference between Cromwell European REIT and IREIT Global and their similarities? Find out here.
May 10, 2023
Broker's Calls
RHB remains 'neutral' on IREIT Global; says valuations are 'fair'
In its 1QFY2023 update, IREIT reported a portfolio occupancy of 87.0%, down 1.3 percentage points q-o-q, as at March 31.
April 28, 2023