Cromwell European REIT (CEREIT)

REITs

Cromwell European REIT partners Stratus Data Centres to co-invest in European data centres

SINGAPORE (July 13): The manager of Cromwell European REIT announced that Cromwell European REIT (CEREIT) has co-invested into 50% stakes in two data centres in Europe.

M&A

CEREIT acquires light industrial/logistics property in Germany for about $25 mil

SINGAPORE (Feb 28): Cromwell European REIT (CEREIT) is acquiring a light industrial/logistics property in Germany for a consideration of €16.6 million ($25.0 million).

Cromwell E-REIT acquires office building in Italy for $26.6 mil in total

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).

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.

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.

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.

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

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 D

In print this week

SGX explains why Singapore is Asia's largest global REIT platform

(May 6): On March 27, during Manulife US Real Estate Investment Trust’s Investor Day event, Ronald Tan, director of Equity Capital Market at the Singapore Exchange, asked the audie

M&A

Cromwell European REIT acquiring 3 logistics properties in France for $34 mil

SINGAPORE (Dec 24): Cromwell European REIT (CEREIT) is acquiring three freehold properties in France to gain exposure to the Greater Paris logistics market.

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