Cromwell European REIT (CEREIT) has extended the lease on its property known as Green Office in Kraków, Poland with Motorola Solutions for another five years.

As such, the company’s lease is now expected to expire only in 2026-2027, further extending the REIT’s overall portfolio weighted average lease expiry (WALE).

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By Shariffa Al-Habshee

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