UBS AG acquires 9.4 million units of Cromwell European REIT

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The Singapore branch of UBS AG has acquired 9,466,000 units of recently listed Cromwell European REIT.

Units of the REIT were acquired by the Swiss financial services company at an aggregate price of EUR0.55 each.

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About Author

Ridzwan Rahmat has been analysing Singapore-listed REITs and business trusts, since 2008. For disclosure purposes, Ridzwan is currently vested in Mapletree Greater China Commercial Trust, Mapletree Industrial REIT and Mapletree Logistics Trust.

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