Cromwell European REIT's portfolio comprises 106 predominantly freehold properties in or close to major gateway cities across Europe. Pan-European logistics & office REIT Listed in 2017, Cromwell European REIT (CEREIT) focuses on direct or indirect investments in income-producing commercial real estate assets across Europe, with a minimum portfolio weighting of at least 75% to Western Europe and at least 75% to the logistics/light industrial and office sectors. CEREIT currently targets a majority investment weighting to the logistics/light industrial sector while also investing in core office assets in gateway cities. Source: Cromwell European REIT Announcement of Stoneweg as the new sponsor and substantial shareholder In May 2024, it was announced that Stoneweg, a global multi-strategy real estate advisor and asset manager company, will be the sponsor and substantial shareholder of CEREIT. This follows a €280 mn sale and purchase agreement entered into by Cromwell Property Group to divest its entire 27.79% stake in CEREIT, its 100% interest in the Singapore Manager of CEREIT, 100% interest in the property manager of CEREIT...