3Q21 Outlook Q&A: IREIT Global

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    1. iReit Global declared Non-Renounceable Rights of 0.56cts. Is it worth taking up? Dateline is 12 July.

    2. Any views about iReits?

    We believe that the rights issue is worth taking up as our overall view on IREIT is still positive. It is a stable portfolio now more sizable and diversified, still anchored by strong tenants. Post acquisition, there is room for further inorganic growth given that gearing has only increased marginally to 36%. We believe that IREIT will continue its growth spurt.

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