Cromwell European REIT allays COVID-19 concerns as DPU beats forecast


Cromwell European REIT (CEREIT) has reported a distribution per unit (DPU) of 4.08 Euro cents for its FY2019.

After adjusting for a rights issue, the DPU represents an increase of 8.8% year-on-year, and a 1.5% outperformance against forecast made during the REIT’s IPO.

For the same period, CEREIT reported gross revenue of EUR177.0 million, exceeding IPO forecast by 39.4%.

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 webinars and classes


Comments are closed.