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Revisions

Cromwell European REIT IPO shelved on weak investor demand: reports

PC Lee Published on Fri, Sep 22, 2017 / 5:33 PM GMT+8

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SINGAPORE (Sept 22): Looks like what could have been Singapore's second-largest IPO this year won’t be happening anytime soon.

According to a Dow Jones report, Cromwell Property Group has shelved its plans for an up to EUR1.1 billion ($1.8 billion) initial public offering (IPO) in Singapore.

See: Aussie manager Cromwell Property to list $2.2 bil European REIT on SGX: reports

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