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Cromwell European REIT (CEREIT)
New appointments
Cromwell European REIT appoints ESR-REIT's deputy chairman Ooi Eng Peng to the board
Ooi is also currently the non-executive deputy chair on the board of directors of Cromwell Property Group.
September 15, 2021
Broker's Calls
DBS 'excited' on Cromwell European REIT on its pivot into the industrial/logistics sector
DBS has kept 'buy' on the REIT with a target price of EUR3.00.
August 21, 2021
Results
Cromwell European REIT posts 3.6% increase in 1H21 distributable income to EUR46.2 mil
1H21 DPU amounted to 8.502 Euro cents.
August 13, 2021
REITs
Cromwell European REIT enters UK with acquisition of logistics asset for GBP10 mil
The REIT has acquired a freehold logistics building that is 100% let on a 10-year lease.
August 04, 2021
Results
Cromwell European REIT reports 9% dip in DPU for 1Q21
The REIT acquired 11 logistics assets in the Czech Republic and Slovakia for EUR113.2 million.
May 11, 2021
Broker's Calls
Broker's Digest: Japfa, Cromwell European REIT, FEHT, Mapletree Industrial Trust, Micro-Mechanics, Venture Corp
See the analysts' recommendations and target prices here.
May 07, 2021
REITs
Cromwell European REIT to raise €90 mil through private placement
The issue price equates to a FY2020 yield of 7.74% to 8.10% based on the REIT’s FY2020 DPU of 3.484 Euro cents.
February 24, 2021
Results
Cromwell European REIT reports 14.6% lower 2H20 DPU of 1.744 Euro cents; FY20 DPU of 3.484 Euro cents
On a like-for-like basis, FY2020 DPU fell 3.0% y-o-y to 3.484 cents from 3.59 cents.
February 23, 2021
REITs
Cromwell European REIT to acquire freehold intermodal logistics park in Italy for $84.2 mil
The acquisition is expected to be completed in December 2020.
November 25, 2020
REITs
Cromwell European REIT to issue $478.2 mil 5-year notes with 2.125% p.a. coupon
The notes have been rated BBB- by Fitch.
November 17, 2020