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
16.
FINANCE COSTs
Group
Period from
1 November
2013 (date of
constitution) to
31 December
2014
EUR’000
Interest on borrowings
581
Amortisation of debt upfront transaction costs
212
Total
793
17.
OTHER TRUST EXPENSES
Group
Period from
1 November
2013 (date of
constitution) to
31 December
2014
EUR’000
Audit fees
68
Non-audit fees for auditors of IREIT
62
Legal and professional fees
757
Property valuation fees
145
Others
170
Total
1,202
The auditors were paid approximately EUR 363,000 for services rendered in connection with the
listing of IREIT on SGX-ST on 13 August 2014. These expenses were included in Unit issue costs
of EUR 7.44 million shown in the statement of changes in net assets attributable to unitholders.
