Cromwell EREIT’s Nervesa21 achieves 70% occupancy

Universal Music Group is the anchor tenant of the office development in Milan.

Nervesa21, Cromwell EREIT’s office development in Milan, Italy, is now 70% pre-let, following the signing of lease agreements with three major tenant customers.

In a bourse filing, the SGX-listed REIT named fintech company Scalapay, and global communications advisory firm Edelman as the office’s new tenant-customers.

Universal Music Group also joined the REIT’s tenant roster as the anchor tenant of Nervesa21.

The asset now only has 3,000 sq ft or three floors available to let.

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Cromwell European Reit

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