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IREIT Global Announces Leadership Transition

IREIT Global Announces Leadership Transition

IREIT Global (SG:UD1U) has released an update.

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IREIT Global has announced key shifts in its leadership team, with CEO Mr Louis d’Estienne d’Orves transitioning to a non-executive director role after being appointed to a senior position with Tikehau Capital in Asia. The group has proposed Mr Peter Viens, a seasoned real estate fund manager from Sofidy, as the new CEO, and intends to appoint Mr Emilio Velasco, currently Head of Real Estate for Tikehau Capital in Spain & Portugal, as the part-time Chief Investment Officer. Both appointments are pending necessary regulatory approvals and are expected to be effective by the first quarter of 2025.

For further insights into SG:UD1U stock, check out TipRanks’ Stock Analysis page.

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