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SERT Secures €500 Million in Oversubscribed Green Bond Issuance

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  • Cromwell European Real Estate Investment Trust focuses on sustainable European property investments.
  • SERT’s €500 million Green Notes were oversubscribed, showing strong investor confidence.
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SERT Secures €500 Million in Oversubscribed Green Bond Issuance

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

Stoneweg EREIT Management Pte. Ltd., managing the Stoneweg European Real Estate Investment Trust (SERT), announced the successful pricing of €500 million in Green Notes, with a coupon of 4.25% due in 2031. This issuance under the €1.5 billion Euro Medium Term Note Programme was met with significant investor demand, achieving nearly five times oversubscription from international debt investors, highlighting strong market confidence and an improved yield spread compared to their previous issuance.

More about Cromwell European Real Estate Investment Trust

Cromwell European Real Estate Investment Trust (SERT) is a real estate investment entity focused on managing and investing in European properties. It is managed by Stoneweg EREIT Management Pte. Ltd., a company established under the laws of Singapore, and it operates within the real estate sector with a focus on sustainable investments.

YTD Price Performance: -1.27%

Average Trading Volume: 255,774

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €877.3M

See more insights into CWBU stock on TipRanks’ Stock Analysis page.

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