Cromwell European REIT - RHB Invest 2024-11-13: Maintaining Its Pole Position; BUY

• Cromwell European REIT (SGX:CWBU) is among the best performing overseas S-REITs on the back of proactive operational management in navigating post-COVID-19 and high interest rate challenges, and is set to benefit further with the outlook steadily improving.
• - Read this at SGinvestors.io -

Further divestment of ~EUR70m worth of assets expected in the near term

• Further divestment of ~EUR70m worth of assets expected in the near term from weaker non-core office market assets such as Poland and Finland. This follows Cromwell European REIT’s active portfolio rebalancing and deleveraging strategy since FY22 with 11 divestments worth EUR261m, at a blended 14% premium.
• - Read this at SGinvestors.io -
• Valuations have stabilised and we expect final valuations to be in the 0-5% range.

Bridge debt in final stages for refinancing of Nov 2025 bond.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Read also RHB's most recent report:
2025-03-10 Stoneweg European REIT - A New Beginning With The Same Rigour; BUY.

Price targets by other brokers at Cromwell REIT Target Prices.

Listing of research reports at Cromwell REIT Analyst Reports.

Relevant links:
Cromwell REIT Share Price History,
Cromwell REIT Announcements,
Cromwell REIT Dividend Payout Dates & Corporate Actions,
Cromwell REIT News