Chairman & CEO
Letter to Unitholders
LEADING THE WAY IN INNOVATIVE ASSET MANAGEMENT
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remains an integral component of our growth strategy.
We are pleased to announce that our property portfolio’s
occupancy rate remained at almost 100.0% in 2015. This
leaves us well primed to maintain a strong and stable
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We are constantly searching for ways to maintain and
enhance our relationships with our tenants across our
portfolio through proactive asset management and new
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project in Germany to have received the Green Building
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MARKET OUTLOOK FOR 2016
While we continue to explore opportunities in the other
European geographies, Germany remains our current
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to growing employment and robust domestic demand. This
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able to pursue strong accretive assets that were in line
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growth to Unitholders.
The demand for office space is also set to rise given
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last quarter of 2015 was 2,358,400 sqm. This was a 15.0%
increase compared to the same period last year. Berlin
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year increase of 23.0%.
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recovery amid challenging global conditions. With low oil
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accommodative monetary policies, Europe’s economy is
well on its way to a slow recovery – all of which signals good
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underpinning domestic demand. With such favourable
conditions in place, Germany is primed to maintain its
position as a relatively safe haven for investments and
businesses.
Going forward, more acquisitions are in the pipeline for
IREIT. We believe that our investment strategy, coupled
with our prudent capital management, will enable us
to continue to deliver the best possible returns to our
Unitholders.
A NOTE OF APPRECIATION
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team, professionals and advisors for their continued
commitment to the growth and success of IREIT. We are
also grateful to our Board colleagues for their advice,
insights and guidance.
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our deepest gratitude to our Unitholders, tenants, business
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heights.
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5
IREIT Global
ANNUAL REPORT 2015
