Ireit Global · SGX:8U7U
Ireit Global — Q1 2026 Earnings Presentation
17 slides from Ireit Global's earnings presentation, Apr 28, 2026
Slide 1: 1Q2026 Business Update
1Q2026 Business Update 28 April 2026 Joint Sponsors of IREIT Global:
Slide 2: Important Notice
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 as
Slide 3: Pure Play Western Europe-Focused REIT
Pure Play Western Europe-Focused REIT Investing in real estate used primarily for office, retail, industrial (including logistics) and hospitality purposes Joint Sponsors: Tikehau Capital, France City Developments Limited (“CDL”) 25% Portfolio: Germany: 5 office properties Retail 25% France: 44 reta
Slide 4: Unique S-REIT focusing on Western Europe
Unique S-REIT focusing on Western Europe Rent €798.1m 53 425,263 sqm(1) 117 % 92.2(2) Portfolio Valuation Properties Lettable area Leases Occupancy Rate Germany Spain France Berlin Campus Bonn Campus Delta Nova IV (Madrid) Delta Nova VI (Madrid) Cergy Claye-Souilly Darmstadt Campus (Greater Frankfur
Slide 5: Agenda
Agenda Key Highlights 6 Portfolio and Asset Management 9 Capital and Currency Management 13 Looking Ahead 15 5
Slide 6: Key Highlights
Key Highlights Berlin Campus 6
Slide 7: 1Q2026 Performance
1Q2026 Performance Continued effort on increasing occupancy rate and capital management 92.2% (1) 5.4 years (2),(3) 44.7% 4.1% Portfolio Committed Occupancy Weighted Average Lease Expiry Aggregate Leverage Weighted Average Interest Rate 89.4% as at 31 Dec 2025 (2) 5.6 years as at 31 Dec 2025 (2) 44.
Slide 8: Update on Project RE(O)
Update on Project RE(O Project Status ▪ Construction works started in 2Q2025 according to schedule. on Phase 1 ▪ Contract signed with General Contractor Züblin in (Hotel) Aug 2025 for the delivery of the 2 hotels (1) and entrance hall. ▪ Construction is 23% complete with delivery expected in August
Slide 9: Portfolio and Asset Management
Portfolio and Asset Management Bonn Campus 9
Slide 10: Diversified Portfolio in Key European Markets
Diversified Portfolio in Key European Markets 5 German Properties 53 Lettable Area (sqm) 201,103 Properties Valuation (€ m) (1) 470.3 % of Portfolio 58.9% 425,263 sqm Occupancy (%) (2) 88.0% Lettable Area WALE (years) (4) 4.3 44 French Properties €798.1m Lettable Area (sqm) 157,256 € Valuation (1) €
Slide 11: Well-Staggered Leases with Blue-Chip Tenants
Well-Staggered Leases with Blue-Chip Tenants Key Tenants (1) Lease Break and Expiry Profile (1) Weighted Average Lease Expiry: 5.4 years 55.8% 20.8% More than 50% of the leases will expire in 36.6% 2031 and beyond 30.1% 17.7% 25.1% 25.9% 22.3% 14.8% 10.1% 3.7% 4.0% 5.1% 3.6% 3.8% 17.4% 0.4% 2.7% Dec
Slide 12: Active Asset Management to Optimise Portfolio
Active Asset Management to Optimise Portfolio 1Q2026 Performance German Portfolio: c. 9,719 sqm ▪ Darmstadt Campus: Increased occupancy from c.43% as at New Leases and Renewals FY2024 to c.71% as at 1Q2026 following 3 leases signed for c.9,070 sqm in 1Q2026. The leases are due to start in 2026 after
Slide 13: Capital and Currency Management
Capital and Currency Management Sables d'Olonne 13
Slide 14: Successful Refinancing of the German Portfolio
Successful Refinancing of the German Portfolio 31 Mar 2026 31 Dec 2025 Debt Maturity Profile Gross Borrowings Outstanding (€’m) 401.5 410.5 Secured Unsecured German Portfolio €200.8m Aggregate Leverage (1) 44.7% 44.6% Weighted Average Interest Rate (2) 4.1% 2.8% Spanish Decathlon Green Notes Portfol
Slide 15: Looking Ahead
Looking Ahead B&M Tours (Saint-Cyr-sur-Loire) 15
Slide 16: Looking Ahead
Looking Ahead ▪ The European real estate market has shown cautious but sustained improvement in its investment and letting activities. ✓ Driven by supportive economic conditions and monetary policies of varying momentum across countries. Macro ▪ Manager has remained active on its asset management an
Slide 17: Thank You
Thank You For enquiries, please contact: IREIT Global Group Pte. Ltd. (as manager of IREIT Global) Tel: (65) 6718 0590 Email: ir@ireitglobal.com Follow our LinkedIn: https://www.linkedin.com/company/ireitglobal Concor Park 17