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Cromwell Reit re-launches IPO after changes

The trust's portfolio now comprises 74 properties after excluding seven Polish retail assets which did not find favour with investors earlier

Published Wed, Nov 22, 2017 · 09:50 PM

Singapore

THE manager of Cromwell European Real Estate Investment Trust (Reit) on Wednesday lodged its final prospectus, confirming its offer of 428.5 million units to raise gross proceeds of 236 million euros (S$375.3 million).

The Singapore public offering opened at 9pm on Nov 22 and will close at noon on Nov 28. The units are expected to start trading on the mainboard on Nov 30.

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