Singapore Exchange Ltd. · SGX:S68
Singapore Exchange — Cromwell European REIT — FY2019 Earnings Presentation
13 slides from Singapore Exchange's earnings presentation, Feb 25, 2020
Slide 1: Cromwell European REIT Results Presentation Q4 and FY2019 – Country Update Supplement
CROMWELL EUROPEAN REIT RESULTS PRESENTATION FOR THE FOURTH QUARTER AND FULL YEAR ENDED 31 DECEMBER 2019 Economic and Real Estate Country Update Supplement 25 February 2020
Slide 2: Disclaimer
Disclaimer This presentation shall be read only in conjunction and as a supplementary information to Cromwell European Real Estate Investment Trust’s (“CEREIT”) financial results announcement dated 25 February 2020 published on SGXNet. This presentation is for information purposes only and does not
Slide 3: The Netherlands – Office Market Outlook
The Netherlands – Office Market Outlook Real Estate Market Office Volumes by Capital Source A scarcity of quality space continues to characterise the Dutch office sector as a substantial amount of older stock has been withdrawn from the market in recent years and converted 8,000 into alternative u
Slide 4: The Netherlands – Light Industrial / Logistics Market Outlook
The Netherlands – Light Industrial / Logistics Market Outlook Real Estate Market Industrial Volumes by Capital Source Demand for logistics space reached an all time high in 2018 with 2.3 million sq.m of take-up. 2019’s performance was very strong as well, marginally behind with 2.2 million sq.m of
Slide 5: Italy – Office Market Outlook
Italy – Office Market Outlook Real Estate Market Office Volumes by Capital Source Leasing activity reached 124,000 sq.m in Milan, bringing the year’s total to 482,000 sq.m – 6,000 an all time record for the city. Business Services was a key driver of activity (33%) and a recovery in Manufacturing
Slide 6: France – Office Market Outlook
France – Office Market Outlook Real Estate Market Office Volumes by Capital Source 2019 got off to a slow start but activity picked-up as the year progressed with 690,000 sq.m of take-up in 4Q, bringing total occupier activity in 2019 to 2.4 million sq.m in the Greater 30,000 Paris Region. This wa
Slide 7: France – Light Industrial / Logistics Market Outlook
France – Light Industrial / Logistics Market Outlook Real Estate Market Industrial Volumes by Capital Source 2019 was a good year for French logistics, with the occupier market showing resilience 6,000 despite slowing as 2019 drew to a close. Nonetheless overall take-up reached 3.8 million sq.m ac
Slide 8: Poland – Office Market Outlook
Poland – Office Market Outlook Real Estate Market Office Volumes by Capital Source 2019 was an extraordinary year for the Polish office market with the Warsaw market going 4,000 from strength to strength. Occupier demand in the capital reached an all-time-high of 880,000 sq.m which helped to drive
Slide 9: Germany – Office Market Outlook
Germany – Office Market Outlook Real Estate Market Office Volumes by Capital Source Germany’s office markets are booming, driven by a growing service sector reflected in healthy levels of occupier demand. 2019 take-up of 4.1 million sq.m across the eight core 40,000 markets of Berlin, Dusseldorf,
Slide 10: Germany – Light Industrial / Logistics Market Outlook
Germany – Light Industrial / Logistics Market Outlook Real Estate Market Industrial Volumes by Capital Source Take-up in 2019 was in excess of 7 million sq.m, above the 5 year average of 6.5 million sq.m with activity boosted by the sustained growth of e-commerce. Occupiers are clearly 9,000 focus
Slide 11: Finland – Office Market Outlook
Finland – Office Market Outlook Real Estate Market Office Volumes by Capital Source Prime rents in Helsinki’s CBD came under renewed pressure at the end of 2019 with positive 5,000 growth of 2.4% as availability levels fell below 3.5%. Prime rents are now €42/sq.m/month. Vacancy across the Helsink
Slide 12: Denmark – Light Industrial / Logistics Market Outlook
Denmark – Light Industrial / Logistics Market Outlook Real Estate Market Industrial Volumes by Capital Source The majority of activity is concentrated around key import /export locations with the Greater 1,000 Copenhagen the country’s main market. Occupiers tend to focus on locations such as Taast
Slide 13: Thank You
THANK YOU If you have any queries, kindly contact: Cromwell EREIT Management Pte. Ltd., Chief Operating Officer & Head of Investor Relations, Ms Elena Arabadjieva at elena.arabadjieva@cromwell.com.sg, Tel: +65 6920 7539, or Newgate Communications at cereit@newgatecomms.com.sg.
Cromwell European REIT — FY2019 Earnings Presentation on 6ix