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VIRUS OUTBREAK

Long leases 'protect Cromwell's Italy assets from Covid-19 impact'

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CEO Simon Garing said the Reit was also benefiting from Europe's negative interest rates, which are likely to continue for a few years.

Singapore

CROMWELL European Reit CEO Simon Garing believes Covid-19's impact on its Italian properties will be limited, given long leases locked in at its logistics, industrial and office buildings, which would be less affected compared to retail and hospitality establishments.

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