Cromwell Reit re-launches IPO after changes
The trust's portfolio now comprises 74 properties after excluding seven Polish retail assets which did not find favour with investors earlier
Singapore
THE manager of Cromwell European Real Estate Investment Trust (Reit) on Wednesday lodged its final prospectus, confirming its offer of 428.5 million units to raise gross proceeds of 236 million euros (S$375.3 million).
The Singapore public offering opened at 9pm on Nov 22 and will close at noon on Nov 28. The units are expected to start trading on the mainboard on Nov 30.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Huawei’s new phone sports latest version of made-in-China chip
Meta’s earnings flop sparks US$400 billion sell-off in tech stocks
Singapore shares open lower on Friday; STI down 0.1%
OUE wins tender to lease, develop new ‘zero-energy’ hotel at Changi Airport’s T2
Roku’s warning on ad-supported streaming competition clouds upbeat earnings
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard