Daily BriefsSingapore

Singapore: IREIT Global, Frasers Hospitality Trust and more

In today’s briefing:

  • Smartkarma Corporate Webinar | IREIT Global: Building Scale and Diversification in Europe
  • (Mostly) Asia M&A: June 2022 Roundup

Smartkarma Corporate Webinar | IREIT Global: Building Scale and Diversification in Europe

By Smartkarma Research

For our next Corporate Webinar we are glad to welcome IREIT Global (IREIT SP) CEO, Louis d’Estienne d’Orves.

In the upcoming Webinar, Louis will share a short company presentation, after which he will engage in a fireside chat with Smartkarma Analyst Jesus Rodriguez Aguilar. A live Q&A session will follow.

The Corporate Webinar will be hosted on Tuesday, 12 July 2022, 17:00 SGT.

IREIT Global, which was listed on 13 August 2014, is the first Singapore-listed real estate investment trust with the investment strategy of principally investing, directly or indirectly, in a portfolio of income-producing real estate in Europe which is used primarily for office, retail, and industrial (including logistics) purposes, as well as real estate-related assets. IREIT Global’s current portfolio comprises five freehold office properties in Germany, five freehold office properties in Spain, and 27 freehold retail properties in France.

IREIT Global is managed by IREIT Global Group Pte. Ltd., which is jointly owned by Tikehau Capital and City Developments Limited. Tikehau Capital is a global alternative asset management group listed in France, while City Developments Limited is a leading global real estate company listed in Singapore.

Corporate Webinars by Smartkarma Corporate Solutions feature discussions with IROs and Executives, discussing their companies, the challenges they face, and the opportunities in their sectors and markets.


(Mostly) Asia M&A: June 2022 Roundup

By David Blennerhassett

  • For the month of June, 12 new deals (firm and non-binding) were discussed on Smartkarma with an overall announced deal size of ~US$8bn.
  • The average premium for the new deals announced (or first discussed) in June was ~32%.
  • This compares to the average premium for all deals in 2021 (165 deals), 2020 (158 deals), and 2019 (145 deals) of 33%, 31%, and 31.5% respectively.

Before it’s here, it’s on Smartkarma