News

18/11/2020

Cromwell supports issue of €300 million inaugural five-year notes for CEREIT

Real estate investor and manager, Cromwell Property Group (ASX:CMW) (Cromwell), has assisted Cromwell EREIT Management Pte. Ltd., the Manager of Cromwell European REIT (CEREIT), to price an offering o...

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27/10/2020

Cromwell receives $85 million development approval for 19 National Circuit in Canberra

Real estate investor and manager Cromwell Property Group (Cromwell) has received approval for its $85 million development application (DA) at 19 National Circuit in Canberra’s prestigious Barton...

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14/10/2020

Wouter Zwetsloot promoted to Cromwell’s European Management Team

Cromwell has promoted Wouter Zwetsloot to the European Management Team (EMT). As a member of Cromwell’s EMT, Wouter will play an integral role in leading the group’s ‘Invest to Manag...

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08/10/2020

Cromwell Property Group, in partnership with IGIS, settles DHL logistics portfolio

Real estate investor and manager, Cromwell Property Group (ASX:CMW) (Cromwell), in partnership with Korean real estate investment manager, IGIS Asset Management, has announced the settlement of seven ...

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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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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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