Invest
Cromwell European REIT – 38-for-100 Rights Issue (Part 2)
By Marksman Investment Corner  •  November 24, 2018
This article is a follow-up to my previous short write-up about Cromwell European REIT here. Cromwell European REIT's proposed rights issues has been approved by ways of the EGM on 15 November 2018 (link to announcement here). (I'm kind of late to the game for this write-up).



Summary
38-for-100 rights issue at 0.373 EUR per unit.
Acquisition is Yield-accreditive (expecting about +20% to distributable income), but not DPU-accreditive (expecting about -12% DPU).

Here is the indicative time-table for the rights issue:

Last day of “cum-rights” trading for the Rights Issue 20 November 2018 First day of “ex-rights” trading for the Rights Issue 21 November 2018 Rights Issue Books Closure Date 23 November 2018 at 5.00 p.m. Despatch of the Offer Information Statement (together with the Entitlement Letter) to Eligible Unitholders  28 November 2018 Commencement...
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By Marksman Investment Corner
I am turning 30 this year, and I work as an engineer for my profession. I am also getting married to my lovely fiancee this month. In my off-hours, I enjoy reading more about investing/trading. I started my journey in investing/trading not too long ago (about 2 years ago?), with the biggest catalyst to dive into it being witnessing a sudden market crash and then realising, "Hey, these guys are overreacting! Maybe there is something to be had here." I experienced some downs and ups since then. My aim? Financial independence; Retire Early (FIRE) by 45.
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