Cromwell E-Reit H1 DPU down 2.5% to 8.502 euro cents

Singapore

CROMWELL European Real Estate Investment Trust's (Cromwell E-Reit) distribution per unit (DPU) fell by 2.5 per cent to 8.502 euro cents (14 Singapore cents) for the half-year ended June 30, from 8.717 cents a year earlier.

Gross revenue rose 5.7 per cent to 99 million euros, from 93.7 million euros in the previous year. Net property income was up 11.4 per cent to 64.3 million euros, from 57.7 million euros the year before.