Basid Ilumina, S.L.U. entered into a conditional promissory private sale and purchase agreement to acquire Il·lumina building in Spain from IREIT Global (SGX:UD1U) for ?24.5 million on December 22, 2023. The transaction is expected to be completed by the end of January 2024. The Manager intends to use the net proceeds to reduce debt and to assess opportunities for capital expenditures, acquisitions and asset enhancement which includes the divestment fee of approximately ?0.12 million payable in cash, other transaction related expenses (including divestment and other aforementioned transactions) of ?0.38 million and repayment of bank loans related to the property of approximately ?15.0 million.
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5-day change | 1st Jan Change | ||
0.325 SGD | 0.00% | 0.00% | -19.75% |
04:05am | IREIT Global's Portfolio Occupancy Improves in Q1 | MT |
Feb. 22 | IREIT Global Announces Distribution for the Period from 1 July 2023 to 31 December 2023, Payable on 21 March 2024 | CI |
EPS Revisions
Annual profits - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-19.75% | 321M | |
-10.45% | 9.87B | |
-2.13% | 6.51B | |
-7.88% | 4.98B | |
-8.22% | 4.88B | |
+9.61% | 4.04B | |
-3.05% | 4.04B | |
-13.68% | 4.04B | |
+14.15% | 3.34B | |
-14.73% | 3.18B |
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- Basid Ilumina, S.L.U. entered into a conditional promissory private sale and purchase agreement to acquire Il·lumina building in Spain from IREIT Global for ?24.5 million.