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DBS reinitiates 'buy' on emerging logistics play Cromwell E-Reit
Published Tue, May 4, 2021 · 05:50 AM
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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.
Units of Cromwell E-Reit closed flat at 47.5 eur…
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