Cromwell Reit pulls €739m Singapore IPO

Cromwell European Real Estate Investment Trust has cancelled its potential €738.8m listing on the Singapore Exchange due to market conditions, after first trying to get past the finish line with a smaller offering.

  • By Jonathan Breen
  • 22 Sep 2017

The trust, known as Cereit, announced on Friday it had pulled the deal and will provide an update after discussing with its stakeholders and partners.

“Cromwell Property Group has today announced that despite receiving significant interest from strategic, institutional and retail investors, given current market conditions, it will not proceed with ...

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