-
1 Comment
Cromwell European Real Estate Investment Trust is currently in a long term uptrend where the price is trading 9.6% above its 200 day moving average.
From a valuation standpoint, the stock is 30.5% cheaper than other stocks from the Real Estate sector with a price to sales ratio of 6.5.
Based on the above factors, Cromwell European Real Estate Investment Trust gets an overall score of 2/5.
| ISIN | None |
|---|---|
| Exchange | SG |
| Industry | REIT-Diversified |
| Sector | Real Estate |
| CurrencyCode | EUR |
| Market Cap | 872M |
|---|---|
| Beta | 0.63 |
| Dividend Yield | 9.8% |
| Target Price | 2.1 |
| PE Ratio | 22.14 |
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.
Learn MoreHere's how to backtest a trading strategy or backtest a portfolio for CWBU.SG using our backtest tool. PyInvesting provides the backtesting software for you to backtest your investment strategy. Our backtest software is written using Python code and allows you to backtest stock, backtest etf, backtest options, backtest crypto and backtest forex online. Our backtesting Python framework is highly robust and gives you a realistic simulation of how your strategy would have performed in the past using backtest data.
© PyInvesting 2024
