Cromwell REIT Affirms Full Control Over Parc Des Docks

News about Cromwell European REIT

French authorities have abandoned plans to redevelop the land under Parc des Docks, owned by trust Cromwell European REIT. Accordingly, the trust will benefit from a 907,128 € compensation for the loss of potential rental income from the property and will be renewing its efforts to lease it.

Cromwell European REIT
Price1.490 EUR
NAV2.120 EUR
Yield (4 quarters)10.53%
Gearing38.4%