Cromwell European REIT (CEREIT)

These comprise renewals and new leases to well-established multinational and domestic corporations.

REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts

CEREIT on Monday, entered into a Heads of Term Agreement with its sponsor Cromwell Property Group and Stratus Data Centres, a member of the EXS Capital Group, to co-invest into data centres in London and Frankfurt.

CEREIT is acquiring a German light industrial/logistics property for $25 mil

SINGAPORE (Nov 29): Cromwell European REIT (CEREIT) has completed the acquisition of a freehold office property in Italy for a total cost of 18.5 million euros ($27.8 million).

SINGAPORE (Aug 8): The addition of new properties and positive leasing momentum have helped Cromwell European REIT to an improved set of results in the 1H19 ended June.

SINGAPORE (June 28): Singapore REITs raised $1.35 billion through placements in the first half of this year, that was used mainly for acquisitions.

SINGAPORE (July 1): Real estate investment trusts are still bankers’ best friends. In the first half of this year, Singapore REITs raised $1.35 billion (see Table 1) through placements that was used mainly for acquisitions. In general, these acquisition

SINGAPORE (June 21): The manager of Cromwell European REIT (CEREIT) is acquiring six freehold properties -- three in France and Poland each -- for a total of €246.9 million ($378 million) or €2,238 per sqm.

SINGAPORE (May 13): The manager of Cromwell European REIT (CEREIT) is declaring a 1.02 Euro cents distribution per unit (DPU) for 1Q19, exceeding the IPO forecast by 5.2% and 6.3% higher over the DPU in the previous corresponding period.