The IPO proceeds will be used to acquire 60 properties in Denmark, France, Germany and the Netherlands from funds managed by Cromwell Property Group for third-party investors, and 14 Italian properties from independent third parties.
Saturday, November 25, 2017
IPO_SGX:Cromwell Reit (S$0.885)
Cromwell Reit's assets were in Denmark, France, Germany, Italy, the
Netherlands and Poland at the time, and included a mix of fully and
partially-owned freehold and leasehold properties with differing
structures in different jurisdictions.
The IPO proceeds will be used to acquire 60 properties in Denmark, France, Germany and the Netherlands from funds managed by Cromwell Property Group for third-party investors, and 14 Italian properties from independent third parties.
The IPO proceeds will be used to acquire 60 properties in Denmark, France, Germany and the Netherlands from funds managed by Cromwell Property Group for third-party investors, and 14 Italian properties from independent third parties.
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