IREIT Global.
annual report 2014
For the reporting period from 1 November 2013 (date of constitution) to 31 December 2014
Notes to the
Financial Statements
7.
INVESTMENT PROPERTIES
(Continued)
(b) Details of the investment properties as at 31 December 2014 which are all located in
Germany are set out below:
Description of
property
Type
Leasehold
term Location
Appraised
value
(1)
EUR’000
Bonn Campus
Office Freehold Friedrich-Ebert-Allee,
71, 73, 75, 77, Bonn,
Germany
100,000
Darmstadt Campus Office Freehold Heinrich-Hertz-Straße
3, 5, 7, Darmstadt,
Germany Mina-Rees- Straße 4,
Darmstadt,
Germany
80,300
Münster Campus
Office Freehold Gartenstraße 215,
217, Münster,
Germany
49,800
Concor Park
Office Freehold Bahnhofstraße 12
and Dywidagstraße 1,
Bahnhofstraße
60,500
16, 18, 20, München,
Germany
Total
290,600
(1)
Valuations for Bonn Campus, Darmstadt Campus and Münster Campus have been undertaken by Messrs
Colliers International Property Advisers UK LLP, and the valuation for Concor Park has been undertaken
by Messrs Cushman & Wakefield LLP.
