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DBS reinitiates 'buy' on emerging logistics play Cromwell E-Reit

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Vivienne Tay

Vivienne Tay

Published Mon, May 3, 2021 · 09:50 PM

Singapore

DBS Group Research on Monday reinitiated coverage on Cromwell European Real Estate Investment Trust (Cromwell E-Reit) with "buy" and a target price of 60 euro cents.

The target price implies a target yield of 5.9 per cent and price to net asset value multiple of 1.18 times.

cromwell e-reitLogisticsS-Reits

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