May 23, 2024 15:19 GMT
Cromwell Euro Reit: Sold To Stoneweg
REAL ESTATE
Cromwell European Reit (CERTSP: BBB-)
CEREIT has been sold by Cromwell to Stoneweg SA.
- Stoneweg are a Geneva based real estate manager with EUR 4b AUM currently with growth plans to 8bn.
It doesn’t look like there will be any immediate change to CEREIT’s credit profile. This is just a change of manager.
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