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Cromwell European REIT (CEREIT)
REITs
Cromwell European REIT secures three large leases in France, Poland and Denmark
These comprise renewals and new leases to well-established multinational and domestic corporations.
October 30, 2020
Investing ideas
These six stocks are poised for good yield, say Maybank Kim Eng analysts
REITs and business trusts are expected to remain promising investment options, say Maybank Kim Eng analysts
August 24, 2020
REITs
Cromwell European REIT partners Stratus Data Centres to co-invest in European data centres
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.
July 13, 2020
M&A
CEREIT acquires light industrial/logistics property in Germany for about $25 mil
CEREIT is acquiring a German light industrial/logistics property for $25 mil
February 28, 2020
Property
Cromwell E-REIT acquires office building in Italy for $26.6 mil in total
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).
November 29, 2019
Results
Cromwell European REIT beats IPO forecast by 4.6% with 1H DPU of 2.04 euro cents
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.
August 08, 2019
Yield watch
Who's the best friend of REITs?
SINGAPORE (June 28): Singapore REITs raised $1.35 billion through placements in the first half of this year, that was used mainly for acquisitions.
June 28, 2019
Yield watch
REITs make placements and accretive acquisitions aplenty but investor fatigue has set in
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
June 28, 2019
M&A
Cromwell European REIT buys 6 properties in France, Poland for $378 mil; launches placement
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.
June 21, 2019
Results
Cromwell European REIT declares 1Q DPU of 1.02 Euro cents, 5.2% higher than forecast
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.
May 13, 2019