SINGAPORE (Sept 25): The market has been awaiting the listing of Cromwell European Real Estate Investment Trust. But with all the bad press its sponsor has suffered, not to mention the likes of CapitaLand Commercial Trust and Manulife US REIT sapping liquidity from the market with their rights issues, it seems that CE REIT is having difficulty getting off the ground. That is bad news for the local REIT market.

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