Cromwell E-Reit completes purchase of German properties, sells 12 other assets
Add BT as a preferred source
Fiona Lam
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has completed two deals - the acquisition of three light industrial/logistics properties in Germany and the sale of 12 assets in other European countries - its manager said on Wednesday.
The three acquired properties sit on freehold land in the cities of Pforzheim, Bretten and Königsbach-Stein, all within Germany's third-largest state Baden-Württemberg.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Vietnam formalises new state leadership, redefining ‘four pillars’ power balance
‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
