Cromwell European Reit
Cromwell European Real Estate Investment Trust (“Cromwell European REIT” or “CEREIT’) is a real estate investment trust (“REIT”) that invests, directly or indirectly, in a diversified portfolio of real estate assets in Europe that are used primarily for office, light industrial / logistics and retail purposes.
See below for the Latest Cromwell European Reit News, Analysis, Profit Results, Share Price Information, and Commentary.
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
This is despite recording a 4.1% YoY increase in its net property income.
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
This is despite recording a 4.1% YoY increase in its net property income.
Cromwell EREIT acquires third logistics asset in the UK for $31.8m
The property is 100% let to UK 3PL company, Kammac Limited.
Cromwell EREIT posts unaudited net income of $47.52m in Q1
The Q1 income represents a 5.4% YoY increase.
Cromwell EREIT secures 40% pre-leases for its logistic development in Czech Republic
The biggest lessor was car oil importer and distributor, AutoMax Group.
Cromwell European REIT acquires 3 EU properties
The REIT purchased freehold properties in Italy and Germany.
Cromwell European REIT prices 1.3m new units at $3.34 each
The issuance of new units is pursuant to the REIT’s distribution reinvestment plan.
85% of Cromwell EREIT portfolio sanction-safe
Only 10% was in Poland and 2% in Slovakia.
Cromwell European REIT full-year net property income rises 10.9% YoY to $198.21m
The growth was driven by two factors.
Cromwell European REIT acquires 3 properties in UK and Netherlands for $88.4m
The properties have a blended NOI yield of 5.6%.
Cromwell European REIT acquires Italy warehouse for $30.6m
This is the company’s third logistics asset in the country.
Cromwell management shakes up board composition
Ooi Eng Peng will become a new non-independent director for CEREIT.
Cromwell divests French property for $9.2m
The value of the sale was 53% higher than the IPO purchase price.
Cromwell European REIT net property income up 11.4% to $102.49m
Its income was driven by higher revenue from freshly acquired assets in Italy, the Czech Republic, and Slovakia.
CEREIT secures foray into UK Logistics
Cromwell European REIT takes the first step towards establishing a foothold in the logistics industry.
Cromwell E-Reit sells off France asset at €5.8m
The sale is 53% higher than the IPO purchase price.
Cromwell European Reit procures $16.4m Czech asset
The acquisition will increase CEREIT's exposure to logistics.
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