IREIT Global Sells Barcelona Office Building

News about IREIT Global

IREIT Global is announcing the sale of Il∙lumina, a freehold office property in Barcelona, for EUR24.5 million:

Its sale consideration is 5.2% above the independent valuation of the property as at 30 June 2023, which is EUR23.3 million.

IREIT Global
Price0.370 SGD
NAV0.410 EUR
Yield (4 quarters)7.37%
Gearing37.9%