Cromwell European Real Estate Investment Trust

SES CWBU.SI

Cromwell European Real Estate Investment Trust Gross Profit for the year ending December 31, 2023: USD 141.71 M

Cromwell European Real Estate Investment Trust Gross Profit is USD 141.71 M for the year ending December 31, 2023, a -3.17% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Cromwell European Real Estate Investment Trust Gross Profit for the year ending December 31, 2022 was USD 146.34 M, a -1.18% change year over year.
  • Cromwell European Real Estate Investment Trust Gross Profit for the year ending December 31, 2021 was USD 148.09 M, a 3.32% change year over year.
  • Cromwell European Real Estate Investment Trust Gross Profit for the year ending December 31, 2020 was USD 143.33 M, a 9.96% change year over year.
  • Cromwell European Real Estate Investment Trust Gross Profit for the year ending December 31, 2019 was USD 130.34 M, a 31.83% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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SES: CWBU.SI

Cromwell European Real Estate Investment Trust

CEO Mr. Simon Robert Garing
IPO Date Nov. 30, 2017
Location Singapore
Headquarters 50 Collyer Quay
Employees 200
Sector Real Estate
Industries
Description

Cromwell European Real Estate Investment Trust ("Cromwell European REIT" or "CEREIT') is a real estate investment trust ("REIT") with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of income-producing real estate assets in Europe that are used primarily for office, light industrial / logistics and retail purposes. CEREIT's portfolio comprises 95 properties with an appraised value of approximately €2,082 million as at the date of this announcement in or close to major gateway cities in the Netherlands, Italy, France, Poland, Germany, Finland and Denmark, with a balanced focus on the office and light industrial / logistics sectors. CEREIT's portfolio has an aggregate lettable area of approximately 1.4 million square metres, around 800 tenant-customers and a WALE3 profile of approximately 5.0 years as at 30 September 2020. CEREIT is the first REIT with a diversified pan-European portfolio listed on the Singapore Exchange Limited. CEREIT is managed by Cromwell EREIT Management Pte. Ltd., a wholly-owned subsidiary of CEREIT's sponsor, Cromwell Property Group9, a real estate investor and manager with operations in 14 countries, listed on the Australian Securities Exchange Ltd.

StockViz Staff

January 15, 2025

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