Welcome!
Cromwell European Real Estate Investment Trust (CEREIT)
Results
Cromwell European REIT reports 2.3% higher 1HFY2022 DPU of 8.695 Euro cents
Unitholders will receive their DPUs on Sept 28.
August 12, 2022
Broker's Calls
CEREIT assets benefitting from positive fundamentals in key office and logistics markets: PhillipCapital
The brokerage took a closer look at the REIT in an unrated report after a visit to CEREIT's assets in Europe.
June 29, 2022
Results
Cromwell European REIT reports 7.1% higher distributable income of €23.3 mil
Gross revenue for the quarter grew by 8.5% y-o-y to €52.6 million.
May 12, 2022
REITs
Cromwell EREIT has secured new leases for its first logistics development in Czech Republic
The REIT has secured four leases for approximately 40% of the new warehousing development.
May 10, 2022
REITs
Cromwell European REIT acquires three logistics properties in Italy and Germany for $101.5 mil
The properties have a blended 6.8% net operating income yield, are 100% occupied, and have a blended WALE of 5.4 years.
April 22, 2022
REITs
Cromwell European REIT among 11 S-REITs to join FTSE EPRA Nareit Global Index
The inclusion of the REITs into the index series follows a revision in market cap thresholds.
September 03, 2021
REITs
Cromwell European REIT divests French non-core asset for EUR5.8 mil
The manager of CEREIT has entered into a promissory deed to divest its Parc de Popey asset for approximately $9.3 million.
June 22, 2021
REITs
Cromwell European REIT acquires Czech logistics asset for $16 mil
The asset is being acquired at an accretive NOI yield of 6.4% with a weighted average lease expiry of 6.5 years.
June 07, 2021
Broker's Calls
DBS re-initiates coverage on Cromwell European REIT at 'buy' on emerging EU logistics play
The analysts have given a target price of 60 Euro cents as they view the REIT as a play for the fast-growing logistics sector.
May 03, 2021
REITs
Cromwell European REIT proposes 5-to-1 unit consolidation, share price up 0.7% following announcement
Pro forma FY20 DPU would increase from EUR3.48 to EUR17.42.
March 18, 2021