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Cromwell European Reit posts Q1 DPU above forecast

DPU is at 1.45 euro cents, 3.5% higher than its initial public offering forecast of 1.4 euro cents

Published Thu, May 10, 2018 · 09:50 PM

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Singapore

CROMWELL European Reit's first quarter results were boosted by a better-than-expected performance from its light industrial segment.

Distribution per unit (DPU) for the period from Nov 30, 2017 to March 31, 2018 came in at 1.45 euro cents, 3.5 per cent higher than its initial public offering forecast of 1.4 euro cents, the group said on Thursday.

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