IReit Global bags five-year lease for office space in Barcelona property
Singapore
IREIT Global has secured a "pivotal" five-year lease from a tenant for 3,450 square metres (sq m) of office space in its Il∙lumina office building in Barcelona despite the Covid-19 lockdown, the real estate investment trust's (Reit) manager said in a bourse filing on Thursday.
The tenant is Areas, a travel food and retail services company with 2,100 restaurants and stores across 12 countries in Europe and the US that serve around 340 million customers each year.
TRENDING NOW
Shanda co-founder sells Tanglin Hill bungalow for S$76 million
Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30