IReit Global explores ways to raise Spanish portfolio's occupancy rate

Singapore

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.