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.