Arkonska Business Park, a mainly office property that has been acquired by Cromwell European REIT. (Photo: Google Maps)

Singapore-based property tycoons Gordon and Celine Tang have jointly disposed off 1,828,900 units of Cromwell European REIT.

The husband and wife team helms the Singapore-listed property developer, SingHaiyi, and are substantial unitholders of the Europe-focused REIT.

Cromwell European REIT is a pan-European REIT with a portfolio of 97 properties across Denmark, Finland, France, Germany, Italy, the Netherlands and Poland.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.