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Cromwell EREIT Issues EUR500 Million Green Notes to Boost Market Position

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Cromwell EREIT Issues EUR500 Million Green Notes to Boost Market Position

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An announcement from Cromwell European Real Estate Investment Trust ( (SG:CWBU) ) is now available.

Stoneweg EREIT Management Pte. Ltd. announced the issuance of EUR500,000,000 4.25% Green Notes due in 2031 under its Euro Medium Term Note Programme. This strategic move, which has received approval in-principle from the Singapore Exchange Securities Trading Limited, is expected to strengthen the company’s financial position and enhance its market presence, benefiting its stakeholders with a more sustainable investment option.

More about Cromwell European Real Estate Investment Trust

Cromwell European Real Estate Investment Trust is a real estate investment trust based in Singapore, managed by Stoneweg EREIT Management Pte. Ltd. The company focuses on investing in a diversified portfolio of real estate assets across Europe, aiming to provide stable income and long-term capital growth for its stakeholders.

YTD Price Performance: -0.63%

Average Trading Volume: 226,147

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €883M

For a thorough assessment of CWBU stock, go to TipRanks’ Stock Analysis page.

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