News

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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20/06/2019

Cromwell sells core school building in Espoo

Cromwell announces the sale of Itätuulentie 1, Espoo, Finland, to Hemfosa Fastigheter for €23.1 million.

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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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03/01/2019

CEREIT acquires 11 office properties in Finland

Cromwell European Real Estate Investment Trust (“CEREIT”) has acquired 11 freehold office properties in Finland for €113.1 million. The properties will be managed by CEREIT’s sponsor...

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05/07/2018

Cromwell hires Lodewijk Zweers as Head of Capital and Operations

Cromwell Property Group announces the appointment of Lodewijk Zweers to the newly created role of Head of Capital and Operations, Europe.

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29/06/2018

Cromwell and Goldman Sachs acquire €108.5 million office portfolio in Helsinki Metropolitan Area

Cromwell Property Group, the real estate investor and manager, and Goldman Sachs have acquired a portfolio of 27 properties located in the Helsinki Metropolitan Area (“HMA”) from IVG Polar...

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20/06/2018

Cromwell sells office buildings in Helsinki

Cromwell Property Group announces the sale of Stella Terra, Espoo, and Kumpulantie 5, Helsinki, to Antilooppi for €43.1 million.

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