Real Estate
Transaction by Singapore-listed trust follows earlier Dutch acquisition. : Singapore-listed Cromwell European Real Estate Investment Trust (CEREIT) has acquired 11 freehold office properties in Finland for €113.1m. Cromwell Property Group announced the transaction today, a day after revealing that CEREIT had bought two office properties in the Netherlands for €127.6m. The 11 Finnish assets are mostly located in the Helsinki Metropolitan Area and have a total lettable floor area of 61,972sqm. One of the assets is located in Kuopio, a university city in the east of Finland, which Cromwell described as a rapidly growing regional hub.

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