- Narrative Type
- Narrative Text
|Additional Text||Cromwell European Real Estate Investment Trust ("CEREIT") has announced a distribution of 1.57 cents (EUR) per unit in CEREIT for the period from 1 July 2018 to 31 December 2018, comprising a tax-exempt income component of 0.49 cents (EUR) per unit and a capital component of 1.08 cents (EUR) per unit.|
Please see attached for details.
|Additional Text||Unitholders whose Units are held directly through CDP will receive their Distribution in SGD unless Unitholders elect to receive their Distribution in EUR by submitting a completed Distribution Election Notice to CDP by 21 March 2019. No action is needed for Unitholders who wish to receive the Distribution in SGD.|
|Taxation Conditions||The Tax-exempt Income Distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source.|