Bruno de Pampelonne, non-executive director of IREIT Global , has seen his total interest in the REIT trimmed after a sale by a deemed interest party on Dec 4.
According to a filing on Dec 9, the 409,949 units held via the deemed interest, equivalent to 0.031%, were sold for $114,785.72, or 28 cents per unit.
Following the transaction, Pampelonne’s total interest in the REIT dropped to 0.03% from 0.061% previously.
For the 3QFY2024 ended September, IREIT Global reported an occupancy rate of 89.6%, 0.2 percentage points lower q-o-q from lower occupancies in its Spanish portfolio.
Units in IREIT Global closed flat at 28.5 cents on Dec 9.