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Cromwell E-Reit manager's chief investment officer quits

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THE chief investment officer (CIO) of Cromwell European Real Estate Investment Trust's (Cromwell E-Reit) manager has resigned 'to devote his time to his own entrepreneurial activities'. Read more at The Business Times.

THE chief investment officer of Cromwell European Real Estate Investment Trust's manager has resigned"to devote his time to his own entrepreneurial activities".

Thierry Leleu, 52, will leave the company on Sept 25 this year, the manager said in a bourse filing on Wednesday morning. Appointed CIO in September 2017, he was a key member of the team that took Cromwell E-Reit to its listing on the Singapore Exchange later that year. As CIO, Mr Leleu has been instrumental in Cromwell E-Reit's post-listing success over the past two years, the manager said.

His responsibilities include identifying, researching and evaluating potential acquisitions with a view to enhancing the trust's portfolio, or divestments where a property no longer fits the portfolio's risk-return profile.

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