IREIT Global : Presentation Slides (2811 KB)

1H2022 Results Presentation

11 August 2022

Joint Sponsors of IREIT Global:

Important Notice

This presentation may contain forward-looking statements that involve assumptions, risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other developments or companies, shifts in expected levels of occupancy rate, property rental income, charge out collections, changes in operating expenses (including employee wages, benefits and training costs), governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. You are cautioned not to place undue reliance on these forward-looking statements, which are based on the current view of management on future events. The information contained in this presentation has not been independently verified. No representation or warranty, expressed or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Neither IREIT Global Group Pte. Ltd. (the "Manager") or any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising, whether directly or indirectly, from any use, reliance or distribution of this presentation or its contents or otherwise arising in connection with this presentation. The past performance of IREIT Global ("IREIT") is not indicative of the future performance of IREIT. Similarly, the past performance of the Manager is not indicative of the future performance of the Manager. The value of units in IREIT ("Units") and the income derived from them may fall as well as rise. Units are not obligations of, deposits in, or guaranteed by, the Manager or any of its affiliates. An investment in Units is subject to investment risks, including the possible loss of the principal amount invested. Investors should note that they will have no right to request the Manager to redeem or purchase their Units for so long as the Units are listed on the Singapore Exchange Securities Trading Limited (the "SGX-ST"). It is intended that unitholders of IREIT may only deal in their Units through trading on the SGX-ST. Listing of the Units on the SGX-ST does not guarantee a liquid market for the Units. This presentation is for information only and does not constitute an invitation or offer to acquire, purchase or subscribe for Units.

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Agenda

About IREIT Global	4
Key Highlights	7
Portfolio Summary	14
Market Review	19
Looking Ahead	22

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About

IREIT Global

Berlin Campus

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About IREIT Global

First Singapore-listed REIT with Europe-focused Mandate

Investment	Income-producing real estate in Europe which are used primarily for
Mandate	office, retail and industrial (including logistics) purposes, as well as real
	estate-related assets
Portfolio	37 freehold properties: 5 office properties in Germany, 5 office properties
	in Spain and 27 retail properties in France, with a total lettable area of
	c.384,000 sqm and valuation of c.€1.0bn (1)
Manager	IREIT Global Group Pte. Ltd., which is jointly owned by Tikehau Capital
	and City Developments Limited ("CDL"). Tikehau Capital is a global
	alternative asset management group listed in France, while CDL is a
	leading global real estate company listed in Singapore
Distribution	At least 90% of annual distributable income; distributions to be made on a
Policy	semi-annual basis
Dual Currency	Units quoted in S$ (SGX Code: UD1U) and € (8U7U). Investors are free to
Trading	buy in one currency counter and sell in the other currency counter.
	(1) Based on fair valuation as at 30 Jun 2022

Valuation by Geography (1)

France

€127.5m

13%

Spain

€170.8m 17%

€1.0bn

70%

Germany

€704.5m

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