Koningskade 30, a property of Cromwell European REIT. (Photo: Cromwell European REIT)

DBS Group Research has initiated coverage on Cromwell European REIT (CEREIT), with an eye on its pivot out of the office properties segment.

As REITsWeek reported between February and March 2021, CEREIT has indicated an intention to gradually reduce its exposure to the office segment, amid increasing demand for logistics assets across Europe.

Related: Cromwell European REIT discloses long-term target mix for portfolio

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By Shariffa Al-Habshee

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