Shares & Derivatives
Cromwell European REIT – Stabilisation of asset values with interest rate cuts
By Beansprout  •  November 14, 2024
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...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.
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