Stoneweg Europe Stapled Trust Company Description
Cromwell European Real Estate Investment Trust ("Cromwell European REIT" or "CEREIT') is a real estate investment trust ("REIT") with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate assets in Europe that are used primarily for office, light industrial / logistics and retail purposes.
CEREIT's portfolio comprises 95 properties with an appraised value of approximately €2,082 million as at the date of this announcement in or close to major gateway cities in the Netherlands, Italy, France, Poland, Germany, Finland and Denmark, with a balanced focus on the office and light industrial / logistics sectors.
CEREIT's portfolio has an aggregate lettable area of approximately 1.4 million square metres, around 800 tenant-customers and a WALE3 profile of approximately 5.0 years as at 30 September 2020.
CEREIT is the first REIT with a diversified pan-European portfolio listed on the Singapore Exchange Limited.
CEREIT is managed by Cromwell EREIT Management Pte. Ltd., a wholly-owned subsidiary of CEREIT's sponsor, Cromwell Property Group9, a real estate investor and manager with operations in 14 countries, listed on the Australian Securities Exchange Ltd.
| Country | Singapore |
| Founded | 2017 |
| Industry | REIT - Diversified |
| Sector | Real Estate |
| CEO | Simon Garing |
Contact Details
Address: 50 Collyer Quay Singapore Singapore | |
| Phone | 65 6920 7539 |
Stock Details
| Ticker Symbol | CWBU |
| Exchange | Singapore Exchange |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| ISIN Number | SGXC37098255 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Simon Garing | Chief Executive Officer |
| Hui Chen Tay | Chief Financial Officer |
| Elena Arabadjieva | Head of Investor Relations |