Avatar Asset, Poland. (Photo: Cromwell European REIT)

Investment bank UBS has applauded a move by Cromwell European REIT to finance the acquisition of properties in France and Poland via proceeds from equity fundraising as one that moves it closer towards being included in the EPRA REIT Index.

Cromwell European REIT announced on 21 June that it was acquiring six properties across France and Poland.

Related: Cromwell European REIT raises EUR150 million for acquisitions in France, Poland

Missing out on information beyond mainstream media reports?
Login or sign-up for a free 25-day trial here.

Full access to all editorial materials
Unlimited access to our seminars and classes
Site visit activities

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.