IREIT Global buys Berlin property for S$217.7m; undertakes rights issue to fund deal

IREIT Global buys Berlin property for S$217.7m; undertakes rights issue to fund deal

IREIT Portfolio

Singapore-listed IREIT Global Tuesday said that it had reached a deal to acquire a property in Berlin for 144.2 million euros (S$217.7 million), marking its first acquisition since its initial public offering.

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