SG-listed Cromwell European REIT buys 6 properties in France, Poland for $279m

SG-listed Cromwell European REIT buys 6 properties in France, Poland for $279m

A Singapore Exchange logo sits outside their head office in Singapore April 22, 2015. REUTERS/Edgar Su/Files

Singapore’s first euro-denominated real estate investment trust (REIT) – Cromwell European REIT (CEREIT) – is acquiring three freehold office properties in France and three similar assets in Poland for €246.9 million ($278.9 million), marking its entry into the robust greater Paris office market and increasing its presence in Poland.

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