IREIT Global loses another GMG lease

News about IREIT Global
IREIT Global has lost another lease from GMG Generalmietgesellschaft mbH (GMG), a wholly owned subsidiary of Deutsche Telekom.

The REIT announced on 5 November that GMG now intends to vacate Darmstadt Campus when the lease expires on 29 November 2022.
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IREIT Global
Price0.295 SGD
NAV0.390 EUR
Yield (4 quarters)8.40%
Gearing41.3%