In today’s briefing:
- 10 in 10 with IREIT Global – Gateway to European Real Estate
10 in 10 with IREIT Global – Gateway to European Real Estate
- IREIT Global’s FY2024 revenue increased by 16.3% to €75.6 million, driven by B&M Portfolio acquisition and higher rental income.
- Property operating expenses rose over 40% in FY2024 due to B&M Portfolio costs and a €4.1 million feasibility study.
- IREIT’s aggregate leverage was 37.6% as of December 2024, with 97.2% of bank borrowings hedged against interest rate fluctuations.
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