An announcement from IREIT Global ( (SG:UD1U) ) is now available.
IREIT Global has received a building permit to transform the Berlin Campus from a single-use office asset into a dynamic mixed-use destination, marking a significant milestone in its development strategy. The repositioning of the Berlin Campus will include office, retail, and hospitality components, with two major lease agreements already secured to anchor the hospitality offerings, and ongoing discussions with potential tenants for the office spaces, enhancing its market positioning and stakeholder value.
More about IREIT Global
IREIT Global is a Europe-focused real estate investment trust managed by IREIT Global Group Pte. Ltd., specializing in transforming and managing real estate assets across Europe.
YTD Price Performance: -16.67%
Average Trading Volume: 810,923
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$302.6M
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