Cromwell to acquire €113.2 million logistics portfolio in CEE
Prague, 16th of December 2020
Cromwell EREIT Management Pte. Ltd., the manager of Cromwell European Real Estate Investment Trust announced that it will be acquiring a portfolio comprising 11 logistics and light industrial properties in the Czech Republic and Slovakia for an aggregate purchase price of €113.2 million, on a net operating income yield of 6.7%. The seller is Arete Invest, acting on behalf of its sub-fund Arete Invest Podfond CEE II.
The whole article can be found here: https://www.property-forum.eu/news/cromwell-to-acquire-1132-million-logistics-portfolio-in-cee/7228