Financials

UNAUDITED FINANCIAL STATEMENTS AND DISTRIBUTION ANNOUNCEMEN T FOR THE SECOND QUARTER 2017 AND FINANCIAL PERIOD FROM 1 JANUARY 2017 TO 30 JUNE 2017

Financials Archive

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Profit or Loss

Profit and Loss

Balance Sheet

Balance Sheet

Commentary

Sustained economic growth, decreasing vacancy rates and attractive yield spreads should continue to support the positive outlook for the European real estate market. The growth of the German economy is expected to be healthy and the real estate sector should continue to be a key target investment market for investors into Europe.

With its freehold quality assets, long stable leases and a diversified blue chip tenant base, the performance of IREIT’s existing portfolio is expected to remain stable for the remaining period of FY2017.

Building on its strong existing asset portfolio as a foundation, IREIT will seek to enhance long-term income by investing in income-producing quality assets across Europe, in particular in Germany, France and Italy. It is focused on executing a growth strategy based on the following 4 pillars :

  • Seeking diversification, in terms of assets, tenants, countries and unitholder base;
  • Taking a long-term approach, with the focus being portfolio long-term stable income;
  • Achieving scale, by building critical mass in selected countries; and
  • Having local presence, in order to strengthen IREIT’s European footprint by leveraging on Tikehau Capital’s pan-European network and expertise.