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Cromwell European Real Estate Investment Trust (CEREIT)
REITs
Proposed changes to Dutch tax regime will not affect Cromwell European REIT, says manager
The tax changes in the Netherlands will be effective from Jan 1, 2024.
September 22, 2022
REITs
Cromwell European REIT divests three assets in Europe for total price of $30.6 mil
The consideration represents a 28% premium to the assets’ latest valuation as at June.
September 09, 2022
Results
Cromwell European REIT reports 2.3% higher 1HFY2022 DPU of 8.695 Euro cents
Unitholders will receive their DPUs on Sept 28.
August 12, 2022
Broker's Calls
CEREIT assets benefitting from positive fundamentals in key office and logistics markets: PhillipCapital
The brokerage took a closer look at the REIT in an unrated report after a visit to CEREIT's assets in Europe.
June 29, 2022
Results
Cromwell European REIT reports 7.1% higher distributable income of €23.3 mil
Gross revenue for the quarter grew by 8.5% y-o-y to €52.6 million.
May 12, 2022
REITs
Cromwell EREIT has secured new leases for its first logistics development in Czech Republic
The REIT has secured four leases for approximately 40% of the new warehousing development.
May 10, 2022
REITs
Cromwell European REIT acquires three logistics properties in Italy and Germany for $101.5 mil
The properties have a blended 6.8% net operating income yield, are 100% occupied, and have a blended WALE of 5.4 years.
April 22, 2022
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.
September 03, 2021
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.
June 22, 2021
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.
June 07, 2021