Cromwell to fund property purchase with €102m placement

Gina Lee

June 21, 2019 06:00 am

SGX Singapore Stock Exchange_230px — (160727) -- SINGAPORE, July 27, 2016 (Xinhua) -- A staff member walks past an office in Singapore Exchange (SGX), July 27, 2016. SGX on Wednesday announced net profit of 349 million Singapore dollars (about 257 million U.S. dollars) for the full financial year 2016, unchanged from the previous year. (Xinhua/Then Chih Wey) ****Authorized by ytfs**** (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

Singapore-listed Cromwell European Real Estate Investment Trust (Reit) is planning to raise up to €102.17m ($115.3m) through an equity placement to fund the purchase of six properties in France and Poland.

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Topics

Credit Suisse UBS Equity Asia Follow-ons and Rights Issues Asia Southeast Asia Singapore Asean Asia Pacific Follow-ons and Rights issues Emerging Markets

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Gina Lee