Net property income (NPI) came in at EUR64.3 million, growing 11.4% y-o-y due to the higher revenue and the absence of doubtful debt provisions in 1H2021.
Cromwell European REIT (CEREIT) has posted distributable income of EUR46.2 million for the 1HFY2021 ended June, up 3.6% y-o-y.
The higher distributable income followed 5.7% y-o-y growth in gross revenue to EUR99 million for the period, driven by newly-acquired assets in Italy, the Czech Republic and Slovakia.
