Cromwell REIT Sells Finish Office, Buys British Warehouse

News about Stoneweg European REIT

Cromwell European REIT is announcing the sale of Opus Asset, an office property in Finland near Helsinki, for 16.2 million Euro ; while also announcing the purchase of a UK logistics asset, Runcorn Asset, for £18.9 million.

The acquisition will be internally funded.

Stoneweg European REIT
Price1.540 EUR
NAV1.980 EUR
Yield (4 quarters)9.16%
Gearing41.7%