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Cromwell European REIT jumps almost 30 spots to 7th place in SGTI 2020

Lim Hui Jie
Lim Hui Jie • 2 min read
Cromwell European REIT jumps almost 30 spots to 7th place in SGTI 2020
Cromwell European REIT jumps almost 30 places, from 36th to 7th place in the 2020 Singapore Governance and Transparency Index.
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The manager of Cromwell European Real Estate Investment Trust (CEREIT) has announced that CEREIT has been ranked amongst the top 10 Singapore-listed REITs and business trusts in the Singapore Governance and Transparency Index (SGTI) 2020.

In the latest index released on August 6, CEREIT achieved a score of 95.4 points and stood at 7th place, climbing almost 30 spots from its inaugural 2019 ranking of 36th.

The top spot in the REIT and Business Trust Category was claimed by CapitaLand Commercial Trust, with CapitaLand Mall Trust and Ascott Residence Trust rounding off the top three positions.

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