1. Home
  2. News

Cromwell E-Reit to acquire logistics park in Italy for 52.6m euros

By Raphael Lim
The Business Times
Cromwell E-Reit to acquire logistics park in Italy for 52.6m euros
The logistics park is located in Monteprandone, a municipality in central Italy along the eastern Italian coast. It has nine warehouses, an office building and a canteen.
26 Nov 2020 - 05:50

Singapore

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has entered into an agreement via a wholly-owned vehicle to acquire a logistics park in Italy for 52.6 million euros (S$84.2 million).

The freehold intermodal logistics park with 156,888 square metres (sq m

Cromwell E-ReitlogisticsREITS

More Stories

News

Retail rents fall at faster clip of 5.2% in Q4 but vacancy eases to 8.8%

Full story to come.

News

Singapore's Covid-19 task force mulls new measures ahead of Chinese New Year

WITH just three weeks to go before the Chinese New Year, Singapore's multi-ministry task force for Covid-19 is mulling over a possible...

News

F&B sector has evolved over the course of 2020

THE food and beverage (F&B) industry was hit especially hard by Covid-19, with the economic downturn, lockdown measures and dine-in...