Cromwell E-Reit completes 80.3m euro purchase of 3 French office properties

Singapore

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has completed the acquisition of three freehold office properties in Greater Paris, which cost some 80.3 million euros (S$122.7 million) in total, its manager said in a filing on Thursday.

This was through the direct acquisition of the Lenine asset and the acquisition of all the shares of two companies that hold the Paryseine asset and the Cap Mermoz asset.

Last month, the Reit manager announced these three acquisitions along with three…