--- title: S-REITs - Week 27 - 2024 description: Stay updated on the latest news and insights from the S-REIT market with this weekly recap. Dive into updates from Cromwell European REIT and IREIT Global, plus STI index constituents and REITtracker highlights. --- [Skip to content](https://reitsavvy.com/insights/s-reits-week27-2024#main-content) [![op can-4](https://reitsavvy.com/hs-fs/hubfs/op%20can-4.png?width=7114&height=2442&name=op%20can-4.png)](https://reitsavvy.com/) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) ![menu-toggle](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-toggle.svg) ![menu-close](https://21645388.fs1.hubspotusercontent-na1.net/hubfs/21645388/menu-close.svg) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) - [Home](https://reitsavvy.com) - [What's a REIT](https://reitsavvy.com/what-is-reits) - [S-REITs Overview](https://reitsavvy.com/s-reits-overview) - [REITsavvy Subscription](https://reitsavvy.com/reits-screener) - [REITsavvy Screener Login](https://screener.reitsavvy.com/) - [REITsavvy Insights](https://reitsavvy.com/insights) - [Events](https://reitsavvy.com/events) - [About Us](https://reitsavvy.com/about-us) [S-REIT Weekly Recap](https://reitsavvy.com/insights/tag/s-reit-weekly-recap), [2024](https://reitsavvy.com/insights/tag/2024) # S-REITs - Week 27 - 2024 [By- REITsavvy Team,](https://reitsavvy.com/insights/author/reitsavvy-team) ![Weekly_Banner](https://reitsavvy.com/hs-fs/hubfs/Others/Generic/Weekly_Banner.png?width=762&height=278&name=Weekly_Banner.png) Let's have a quick dive into this week REITs update from Cromwell European REIT, IREIT Global **S-REITs Recap - Week 27** **1 Jul - 7 Jul 2024** | **Cromwell European REIT** | | --- | | **( YTD: -3.52% \| 5D: -2.14%)** | | 3 July -  Cromwell European REIT's Portfolio Valuations 0.6% Higher Like-For-Like For The Six Months To 30 June 2024 - Valuations as at 30 June 2024 rose by 0.6% or €13.1 million as compared to valuations as at 31 December 2023, reflecting stabilising conditions in Europe, supported by lower risk-free rates and improved financing conditions for selective asset classes, and completed development projects. Taking into account the expected capital expenditure to be incurred in the six months ended 30 June 2024, the net valuation adjustment is expected to be relatively flat. For more information, please click [here](https://investor.cromwelleuropeanreit.com.sg/newsroom/20240703_070859_CWCU_BFQ7JU1WPLN2GYLR.1.pdf) | | **IREIT Global** | | --- | | **( YTD: -30.86% \| 5D: +0.00%)** | | 4 July - Proposed Changes To Management Appointments - Mr Louis d’Estienne d’Orves, the existing Chief Executive Officer of the Manager (“CEO”), will be relocating to Asia to assume a senior role in Tikehau Capital (one of IREIT’s joint sponsors) and will relinquish his role as CEO. To enable the Manager to continue leveraging on Mr d’Estienne d’Orves’ experience and knowledge of IREIT, it is intended that he will be appointed as a Non-Executive Director on the Board of the Manager. - The Manager is pleased to announce that it has identified Mr Peter Viens as the proposed replacement CEO. Mr Viens is presently a fund manager at Sofidy, a European real estate asset manager which is part of the Tikehau Capital group. 5 July - Results Date - The Board of Directors of IREIT Global Group Pte. Ltd., as manager of IREIT Global, wishes to announce that IREIT Global's financial results for the half year ended 30 June 2024 will be released after the close of trading hours on 6 August 2024. To read the full details click [here](https://investor.ireitglobal.com/newsroom/20240704_183646_UD1U_BAPZVJ0O866IV16M.1.pdf) | | **STI Index constituents** | | --- | | **REITs in STI** | | Frasers Centrepoint Trust 18 Mar 2024 | | CapitaLand Ascendas REIT | | CapitaLand Integrated Commercial Trust  | | Frasers Logistics & Commercial Trust | | Mapletree Industrial Trust | | Mapletree Logistics Trust | | Mapletree Pan Asia Commercial Trust | |   | | **REITs in STI Reserve List** | | Keppel DC REIT | | Keppel REIT | | Suntec REIT | | **REITracker Highlights** | | | --- | --- | | **REIT Name** | **Status** | | Keppel Pacific Oak US REIT | Halt Dividend since 14 Feb 2024 | | Manulife US REIT | Halt Dividend since 14 Aug 2023 | | Sabana REIT | Proposed Internalization is in progress since 17 Aug 2023 | | Lippo Malls Indonesia Retail Trust | Halt Dividend since 20 Mar 2023 | | EC World REIT | Halt Trading since 31 March 2023 | | Eagle Hospitality Trust | Halt Trading since 24 March 2020 | | **Exclusive REITsavvy Newsletter** | | --- | ##### Gain financial insights on REITs in minutes The newsletter that keeps you up-to-date on REITs in minutes.   ![op can-4](https://reitsavvy.com/hubfs/op%20can-4.png) **[Insights](https://reitsavvy.com/insights)** **[REITs Screener](https://screener.reitsavvy.com/)** Unless otherwise specified, all return figures shown above are for illustrative purposes only, are not actual customer or model returns and are not indicative of future performance or results. 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