IREIT Main Shareholders Increase Stakes in Trust

News about IREIT Global

CDL and Tikehau Capital, IREIT main unitholders and partners, have both increased their stakes in the trust:

French asset management and investment group Tikehau Capital raised its stake to 29.2 per cent from 16.64 per cent, while Singapore-based developer CDL increased its stake to 20.87 per cent from 12.52 per cent.

This brings their aggregate shareholding to over 50 per cent, IReit Global's manager said in a regulatory update.

IREIT Global
Price0.660 SGD
NAV0.550 EUR
Yield (4 quarters)6.38%
Gearing39.4%