IREIT Global reports 89% portfolio occupancy
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IREIT Global reported an 89% portfolio occupancy with a valuation of $1.30 billion as of 30 September 2025. France's portfolio is fully leased, while Germany's weaker occupancy affects income. Over 60% of leases extend beyond 2030. Aggregate leverage increased to 41.3% due to $128.4 million in green notes. The weighted average interest rate rose to 3.1%, expected to reach 4.4%. The Berlin Campus redevelopment, costing $249m–S$272m, began in Q2 2025, with tenant commitments expected by Q1 2026.
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