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Cromwell European REIT says Russia-Ukraine hostilities have 'limited immediate impact' on its business operations

Felicia Tan
Felicia Tan3/14/2022 08:37 AM GMT+08  • 2 min read
Cromwell European REIT says Russia-Ukraine hostilities have 'limited immediate impact' on its business operations
“No CEREIT counterparties have been identified to be on any sanctions list,” reads the statement.
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The manager of Cromwell European REIT (CEREIT) says the ongoing hostilities in Ukraine have “no direct impact” on its portfolio so far.

In a statement released on March 14, the manager of the REIT said that there were “no material issues arising from recent sanctions lists screenings, which were conducted in compliance with its regulatory obligations”.

“No CEREIT counterparties have been identified to be on any sanctions list,” adds the statement.

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