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

Cromwell European REIT (CEREIT) disclosed on 3 July that it has seen an uplift in the valuation of its portfolio amid an increase in rents and generally more positive sentiments.

The portfolio valuation was carried out independently by CBRE Ltd and Savills Advisory Services Limited on all 107 assets in its portfolio.

CEREIT is a Singapore Exchange (SGX)-listed REIT that owns a portfolio of mostly light industrial, logistics, and office assets across Europe.

Dear members, please login to continue reading this article.


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.