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Cromwell European REIT (CEREIT)
REITs
Cromwell European REIT’s portfolio valuation down by 1.6% to EUR2.29 bil
The REIT says it has now achieved its aim of being majority weighted to the logistics/light industrial sector.
July 24, 2023
REITs
CEREIT divests third-largest office asset for EUR93.6 mil, increasing pro-forma DPU by 2.1%
The Grade A Milan office asset was divested at a 14.6% premium to the 2017 purchase price and EUR200,000 above a recent valuation.
June 30, 2023
REITs
Cromwell European REIT to divest asset in Bari, Italy
The property is a large complex that was built specifically to accommodate the military academy of the tax police.
June 15, 2023
REITs
Parc des Docks: The jewel in Cromwell European REIT's crown
The redevelopment of the property will take place between 2026 to 2035 for a sum that was not disclosed.
May 17, 2023
REITs
A tale of two European REITs
IREIT has sponsor support as it de-risks its portfolio, CEREIT plans divestments to support redevelopment
May 17, 2023
REITs
A tale of two REITs - Cromwell European REIT and IREIT Global
What's the biggest difference between Cromwell European REIT and IREIT Global and their similarities? Find out here.
May 10, 2023
Property
ESR plans to divest non-core assets to focus on delivering value
ESR Group plans US$750 million to US$1 billion of divestments this year,which could include Cromwell, to focus on new economy
March 23, 2023
Results
ESR plans to simplify business, "evaluate" Cromwell, monetise sub-scale REITs
ESR plans to divest non-core assets, monetise sub-scale REITs and evaluate Cromwell,
March 22, 2023
Broker's Calls
Brokers' Digest: Cromwell European REIT, Sats, ARA US Hospitality Trust, AEM Holdings, CapitaLand Investment
See what the analysts have to say this week.
March 03, 2023
Broker's Calls
Analysts keep 'buy' calls on Cromwell after 'good set' of results for FY2022
The analysts from DBS and RHB have kept their target prices unchanged at EUR2.10 and EUR2.15 respectively.
March 01, 2023