Cromwell European Real Estate Investment Trust (CEREIT)

Cromwell European REIT among 11 S-REITs to join FTSE EPRA Nareit Global Index - THE EDGE SINGAPORE

REITs

Cromwell European REIT among 11 S-REITs to join FTSE EPRA Nareit Global Index

The inclusion of the REITs into the index series follows a revision in market cap thresholds.
Cromwell European REIT divests French non-core asset for EUR5.8 mil - THE EDGE SINGAPORE

REITs

Cromwell European REIT divests French non-core asset for EUR5.8 mil

The manager of CEREIT has entered into a promissory deed to divest its Parc de Popey asset for approximately $9.3 million.
Cromwell European REIT acquires Czech logistics asset for $16 mil - THE EDGE SINGAPORE

REITs

Cromwell European REIT acquires Czech logistics asset for $16 mil

The asset is being acquired at an accretive NOI yield of 6.4% with a weighted average lease expiry of 6.5 years.
DBS re-initiates coverage on Cromwell European REIT at 'buy' on emerging EU logistics play - THE EDGE SINGAPORE

Broker's Calls

DBS re-initiates coverage on Cromwell European REIT at 'buy' on emerging EU logistics play

The analysts have given a target price of 60 Euro cents as they view the REIT as a play for the fast-growing logistics sector.
Cromwell European REIT proposes 5-to-1 unit consolidation, share price up 0.7% following announcement - THE EDGE SINGAPORE

REITs

Cromwell European REIT proposes 5-to-1 unit consolidation, share price up 0.7% following announcement

Pro forma FY20 DPU would increase from EUR3.48 to EUR17.42.
Cromwell European REIT completes acquisition of 11 new assets partly funded by private placement proceeds - THE EDGE SINGAPORE

REITs

Cromwell European REIT completes acquisition of 11 new assets partly funded by private placement proceeds

The acquisition cost totalled 110.8 mil euros ($177.64 mil).

Results

Cromwell European REIT reports 5.8% higher q-o-q 3Q distributable income of $36.0 mil

Indicative distribution per unit (DPU) for the quarter, based on a 100% payout, was 0.882 Euro cents.
Cromwell European REIT establishes $2.39 bil Euro Medium Term Note Programme - THE EDGE SINGAPORE

REITs

Cromwell European REIT establishes $2.39 bil Euro Medium Term Note Programme

The notes will be offered in Singapore.
Cromwell European REIT scores double platinum win at Asia Pacific Best of the Breeds REITs Awards - THE EDGE SINGAPORE

REITs

Cromwell European REIT scores double platinum win at Asia Pacific Best of the Breeds REITs Awards

This is the third consecutive year that the REIT has won the platinum award.
×