Cromwell EREIT Management Pte. Ltd., the manager (the “Manager”) of Cromwell European Real Estate Investment Trust (“Cromwell European REIT” or “CEREIT”), is pleased to advise that CEREIT has been awarded the ‘Winner’ of the Singapore Corporate Governance Award 2021 in the REITs & Business Trusts Category. This prestigious award is presented yearly by the Securities Investors Association Singapore (“SIAS”) and the National University of Singapore (“NUS”) Business School’s Centre for Governance and Sustainability, supported by the Singapore Exchange and endorsed by esteemed industry organisations and institutions.
The Manager’s Chief Executive Officer, Mr. Simon Garing, said, “I am delighted that the Manager of CEREIT is recognised by SIAS and NUS Business School for our ESG and corporate governance practices. This award is even more meaningful to us because it comes directly from our investors, who are understandably focused predominantly on stable and growing distributions and capital gains over the long term. The award attests to our stakeholders’ appreciation of CEREIT’s ESG practices, which are designed to provide superior risk-adjusted-returns.
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