News

04/09/2020

WATCH: CEO Paul Weightman discusses the FY20 Results

On Thursday 27 August, Cromwell announced strong FY20 Results, highlighted by:Statutory profit of $181.1 million up 13.3% on prior year (FY19 $159.9 million);Operating profit of $221.2 million, up 27....

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29/07/2020

Cromwell, in conjunction with IGIS, acquires Italian DHL logistics portfolio to seed new European Logistics Fund

Diversified real estate investor and manager, Cromwell Property Group (ASX:CMW) (Cromwell) and Korean real estate investment manager, IGIS Asset Management (IGIS) have signed binding agreements to pur...

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17/07/2020

Cromwell Property Group and Cromwell European REIT Partner with EXS and Stratus for new Data Centre Property platform

Cromwell has entered into a strategic partnership with Stratus Data Centres (Stratus), a member of the EXS Capital Group (EXS), to invest in and manage the rollout of a data centre property platform a...

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13/07/2020

Cromwell Property Group and Cromwell European REIT partner with EXS and Stratus for new data centre property platform

Diversified real estate investor and manager Cromwell Property Group (ASX:CMW) (Cromwell) has entered into a strategic partnership with Stratus Data Centres (Stratus), a member of the EXS Capital Grou...

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29/08/2019

Cromwell Acquires Investor Interest in Polish Retail Fund

Cromwell announces that it has exercised its pre-emptive right to acquire a third-party investor interest in the Cromwell Polish Retail Fund (CPRF), which it has managed since acquiring the investment...

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29/08/2019

Strategy execution drives 11% increase in operating profit

Statutory profit of $159.9 million (FY18 $204.1 million);Operating profit up 11.1% to $174.2 million (FY18 $156.8 million);WALE of 6.9 years and NTA of $0.97 (FY18 $0.96);Gearing of 35.0% with look-th...

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28/06/2019

Cromwell executes new three-year Euro-denominated syndicated facility agreement

Cromwell Property Group (ASX:CMW) (Cromwell) today announced Cromwell Property Securities Limited, as responsible entity of the Cromwell Diversified Property Trust, has executed a new €225 million thr...

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11/04/2019

Cromwell promotes Wouter Zwetsloot to Head of Real Estate Europe

Real estate investor and manager Cromwell Property Group (“Cromwell”) has promoted Wouter Zwetsloot to Head of Real Estate in Europe.

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03/04/2019

Cromwell Property Group acquires 22,700 sqm Pirelli Tyre facility in Milan

Real estate investor and manager, Cromwell Property Group (Cromwell) has continued to progress its ‘Invest to Manage’ strategy, acquiring the Pirelli Tyre facility in Milan on behalf of a ...

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27/03/2019

Cromwell Property Group acquires Pirelli R&D facility for €88 million in Milan

Diversified real estate investor and manager, Cromwell Property Group (Cromwell), has acquired Pirelli Tyre’s research and development facility in Milan on behalf of a new Korean capital partner...

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