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.

CEREIT net property income up 3.6% YoY to $48.9m in Q1

Its DPU showed resiliency despite falling 2.4% YoY in Q1.

CEREIT net property income up 3.6% YoY to $48.9m in Q1

Its DPU showed resiliency despite falling 2.4% YoY in Q1.

Cromwell European Reit bags at least 50% pre-leasing commitment for Italy office

If the project remains on course, completion will be reached by December 2023.

Cromwell European Reit’s portfolio valuation down to $3.5b

The CEREIT’s portfolio reduced 1.6% compared to June 2022.

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.