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IREIT GLOBAL ( a real estate investment trust constituted on 1 November 2013 under the laws of the Republic of Singapore ) IREIT GLOBAL CONDENSED INTERIM FINANCIAL INFORMATION AND DISTRIBUTION ANNOUNCEMENT FOR THE HALF YEAR FROM 1 JANUARY 2021 TO 30 JUNE 2021 Introduction IREIT Global ( " IREIT ” ) is a Singapore real estate investment trust with the investment strategy of principally investing , directly or indirectly , in a portfolio of income - producing real estate in Europe which is used primarily for office , retail and industrial ( including logistics ) purposes , as well as real estate - related assets . IREIT completed its initial public offering ( " IPO " ) and was listed on the Main Board of the Singapore Exchange Securities Trading Limited ( the " SGX - ST " ) on 13 August 2014. IREIT's current portfolio comprises five office properties in Germany , strategically located in Berlin , Bonn , Darmstadt , Münster and Munich ( the “ German Portfolio " ) and four properties in Spain , located in Madrid and Barcelona ( the " Spanish Portfolio " ) . As at 30 June 2021 , the German Portfolio has an aggregate net lettable area of approximately 201,100 sq m which consists of the following properties : Bonn Campus Darmstadt Campus Münster Campus ( i ) ( iv ) ( v ) Berlin Campus Concor Park As at 30 June 2021 , the Spanish Portfolio has an aggregate lettable area of approximately 72,200 sq m which consists of the following properties ( the " Spanish Properties " ) : ( i ) Delta Nova IV ( ii ) Delta Nova VI Il - lumina ( iv ) Sant Cugat Green On 28 July 2021 , IREIT completed the acquisition ( the “ Acquisition " ) of a portfolio of 27 retail properties located in France ( the " French Portfolio ' ) . The French Portfolio has an aggregate lettable area of approximately 95,500 sq m . The Acquisition was financed by a combination of proceeds from an equity fund raising and external borrowings . The equity fund raising comprised a placement ( the " Placement " ) of new units ( " Units " ) to an investor and a pro rata non - renounceable preferential offering ( the " Preferential Offer " ) of new Units in IREIT to existing unitholders ( " Unitholders " ) . IREIT is managed by IREIT Global Group Pte . Ltd. ( the " Manager " ) . Basis of preparation The unaudited financial statements for the half year from 1 January 2021 to 30 June 2021 have been prepared in accordance with International Accounting Standards ( IAS ) 34 Interim Financial Reporting issued by the International Accounting Standards Board , and are drawn up in accordance with the relevant provisions of the trust deed entered into on 1 November 2013 and as amended and restated by an amending and restating deed dated 14 July 2014 , supplemental by the first supplemental deed dated 6 November 2015 , second supplemental deed dated 9 May 2018 and third supplemental deed dated 30 March 2020 and the relevant requirements of the Code on Collective Investment Schemes ( the " CIS Code " ) issued by the Monetary Authority of Singapore ( " MAS ” ) . The unaudited financial statements do not include all the information required for a complete set of financial statements . However , selected explanatory notes are included to explain events and transactions that are significant to an understanding of the changes in the financial position and performance of IREIT and its subsidiaries ( the " Group " ) since the last annual financial statements for the year ended 31 December 2020 . 1