Cromwell European REIT is a Singapore real estate investment trust with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate assets in Europe used primarily for office, light industrial / logistics and retail purposes.
CEREIT owns a portfolio of 103 properties in, or close to, major gateway cities in Denmark, Finland, France, Germany, Italy, the Netherlands and Poland and has a balanced focus on the office and light industrial / logistics sectors. It is the first REIT with a diversified Pan-European portfolio listed on Singapore Exchange Securities Trading Limited.
CEREIT’s portfolio has an aggregate lettable area of approximately 1.5 million square metres with over 900 tenants. Comprising primarily freehold, perpetual or continuing leasehold assets, the portfolio has an appraised value of approximately €2.08 billion as at 30 June 2019. CEREIT is managed by Cromwell EREIT Management Pte. Ltd., a wholly-owned subsidiary of CEREIT’s sponsor, Cromwell Property Group (“Cromwell” or the “Sponsor”). Cromwell is a real estate investor and manager with operations in 15 countries and is listed on the Australian Securities Exchange.