IREIT Global announced that its wholly owned subsidiary Sadena Real Estate, S.L.U. has signed amendment, restatement and extension agreements for existing secured loan facilities with a current outstanding principal of €53.5 million.
Under the updated facility terms, a mandatory prepayment would be triggered if Tikehau Capital and IREIT cease to hold full voting rights or economic interest in the borrower, or lose the ability to control its management board. This change-of-control condition has not occurred.
Should the condition be breached, up to about €434.2 million in facilities—equivalent to roughly 640.5 million Singapore dollars—across IREIT could be affected. The announcement was dated Sep, 03 2026.