Cromwell European Real Estate Investment Trust (CWBU.SI)

1.4600 -0.0100 (-0.68%) At close: 05:04PM SGT

Cromwell European Real Estate Investment Trust

50 Collyer Quay
Suite 07-02; OUE Bayfront
Singapore 049321
Singapore
65 6920 7539
https://www.cromwelleuropeanreit.com.sg

Sector(s): Real Estate
Industry: REIT - Diversified
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Simon Robert Garing	CEO & Executive Director of Cromwell EREIT Management Pte. Ltd.	756.21k	N/A	1970
Mr. Shane Peter Hagan	Chief Financial Officer of Cromwell EREIT Management Pte Ltd	N/A	N/A	1966
Ms. Elena Arabadjieva	COO & Head of Investor Relations of Cromwell EREIT Management Pte Ltd	N/A	N/A	1972
Kathleen Tan	Head of Risk, Compliance & Company Secretarial of Cromwell EREIT Management Pte Ltd	N/A	N/A	N/A
Mr. Andreas Hoffmann	Head of Property of Cromwell EREIT Management Pte. Ltd.	N/A	N/A	N/A
Mr. Loo Ping Yoo	Company Secretary of Cromwell EREIT Management Pte. Ltd.	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

Cromwell European Real Estate Investment Trust (“Cromwell European REIT” or “CEREIT”) has a principal mandate to invest, directly or indirectly, in income-producing commercial real estate assets across Europe with a minimum portfolio weighting of at least 75% to Western Europe and at least 75% to the light industrial / logistics and office sectors. CEREIT currently targets a majority investment weighting to the light industrial / logistics sector while also investing in core office assets in gateway cities. CEREIT strives to be a resilient, ethical, and socially responsible organisation that contributes positively to all stakeholders, leading to higher risk-adjusted returns while maintaining an appropriate capital structure. CEREIT's €2.3 billion portfolio comprises 110 predominantly freehold properties in or close to major gateway cities in the Netherlands, Italy, France, Poland, Germany, Finland, Denmark, Slovakia, the Czech Republic and the United Kingdom, with an aggregate lettable area of approximately 1.8 million sqm and 800+ tenant-customers. CEREIT is listed on the Singapore Exchange Limited and is managed by Cromwell EREIT Management Pte. Ltd., a wholly-owned subsidiary of CEREIT's sponsor, Cromwell Property Group, a real estate investor and global real estate fund manager with operations in 15 countries, listed on the Australian Securities Exchange Ltd.

Corporate governance

Cromwell European Real Estate Investment Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.