Cromwell European REIT will be included in the MSCI Singapore Small Cap Index, effective at the end of trading May 31 in Singapore.
The move comes following a semi-annual review of research-based indexes and analytics independent provider MSCI Inc. of its equity indexes that include 56 members, representing roughly 14% of Singapore's free float-adjusted market capitalization. The index measures the performance of the small-cap segment in the city-state.
Cromwell European debuted in Singapore Nov. 30, 2017, raising €865.7 million from a 3x oversubscribed IPO.