IReit Global explores ways to raise Spanish portfolio's occupancy rate
This includes tapping local presence and network of its JV partner Tikehau Capital
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IREIT Global will be leveraging the network and local presence of asset management group and joint venture partner Tikehau Capital to boost the occupancy rate of its recently-acquired Spanish portfolio.
This is with hopes of bringing the "under-rented" properties nearer to market levels through active asset management, said Aymeric Thibord, chief executive of IReit Global's manager in the real estate investment trust's (Reit) announcement on its fourth-quarter results for fiscal 2019 on Wednesday.
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