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Cromwell E-Reit to acquire logistics park in Italy for 52.6m euros

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The logistics park is located in Monteprandone, a municipality in central Italy along the eastern Italian coast. It has nine warehouses, an office building and a canteen.

Singapore

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has entered into an agreement via a wholly-owned vehicle to acquire a logistics park in Italy for 52.6 million euros (S$84.2 million).

The freehold intermodal logistics park with 156,888 square metres (sq m...

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