Cromwell European REIT continues selling Italian assets with the new announcement of two office properties being sold for 20.9 million Euros (or about s$29.6 million):

Simon Garing, CEO of the REIT's manager, points out that since the start of 2022, the REIT, which has an NAV per unit of EUR2.05, has divested EUR284.5 million worth of "non-strategic" assets, fetching a "healthy" EUR33.0 million or 13.1% premium to the latest valuations.