Cromwell European REIT's first acquisition in the UK. (Cromwell European REIT)

Cromwell European REIT’s (CEREIT’s) revenue for 2021 is expected to rise by 8%, said Fitch Ratings as part of its recent assessment of the Europe-focused landlord.

The rise will be driven by revenue contribution from the REIT’s recently acquired assets, and rent adjustments due to inflation.

Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

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.