Cromwell European Reit's public offer 3.1 times subscribed

Singapore

CROMWELL European Reit's public offer was about 3.1 times subscribed, its manager said.

In an exchange filing on Wednesday evening, Cromwell Ereit Management Pte Ltd announced that it had received 4,448 valid applications for 111.23 million units. The Reit had 36.36 million units available for the public offer, which closed at 12 noon on Tuesday.