Cromwell European REIT to buy €384m of assets

Cromwell Paul Weightman

Cromwell European Real Estate Investment Trust (CEREIT) has launched a fully underwritten €224.1m rights issue to fund the acquisition of 23 properties across Europe for €384.4m (£336.7m).

CEREIT will acquire the assets across two portfolios, 16 office assets in the Netherlands, Finland and Poland under offer for €312.5m and an agreed deal for the acquisition of seven office, logistics and retail assets in Italy and France for €71.9m.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week.

Registered users and subscribers SIGN IN here to continue