Asset Acquisitions and Disposals::CROMWELL EUROPEAN REIT DIVESTS VIALE EUROPA 95 IN BARI, ITALY FOR EURO 94.0 MILLION

Issuer & Securities

Issuer/ Manager
CROMWELL EREIT MANAGEMENT PTE. LTD.
Securities
CROMWELL EUROPEAN REIT - SGXC37098255 - CWBU
CROMWELL EUROPEAN REIT - SGXC37098255 - CWCU
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
09-Oct-2023 06:57:10
Status
New
Announcement Sub Title
CROMWELL EUROPEAN REIT DIVESTS VIALE EUROPA 95 IN BARI, ITALY FOR EURO 94.0 MILLION
Announcement Reference
SG231009OTHR5OMR
Submitted By (Co./ Ind. Name)
Simon Garing
Designation
Chief Executive Officer and Executive Director
Description (Please provide a detailed description of the event in the box below)
CROMWELL EUROPEAN REIT DIVESTS VIALE EUROPA 95 IN BARI, ITALY FOR EURO 94.0 MILLION; EURO 188 MILLION IN DIVESTMENTS AT AN AVERAGE 10.2% PREMIUM TO VALUATION COMPLETED SO FAR IN 2023

Please see attached.

Attachments

CEREIT_BariEuropa_DivestmentCompletion_9Oct_2023.pdf
Total size =259K