IREIT Global Faces Potential Litigation Over Berlin Campus Lease Agreement

An announcement from IREIT Global ( (SG:UD1U) ) is now available.

IREIT Global has announced a potential litigation issue involving a claim from Deutsche Rentenversicherung Bund (DRV), its main tenant at the Berlin Campus. DRV is seeking partial repayment of a €15.5 million dilapidation cost previously agreed upon, alleging that the lease agreement’s renovation obligations are invalid. IREIT’s legal counsel believes the claim is unlikely to succeed, and the company has not made any financial provisions for the claim as of June 2025, given its minimal impact on IREIT’s net asset value and gross revenue.

The most recent analyst rating on (SG:UD1U) stock is a Hold with a S$0.33 price target. To see the full list of analyst forecasts on IREIT Global stock, see the SG:UD1U Stock Forecast page.

More about IREIT Global

IREIT Global is a real estate investment trust established under the laws of the Republic of Singapore. It is managed by IREIT Global Group Pte. Ltd. and focuses on managing real estate properties, with a notable asset being the Berlin Campus.

Average Trading Volume: 1,064,240

Technical Sentiment Signal: Buy

Current Market Cap: S$403.5M

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