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Three months since it was first announced, the firms have confirmed the proposed merger of the Cromwell Direct Property Fund and the Australian Unity Diversified Property Fund will not be going through. ....
With the third quarter behind us, Money Management collates several Australian fund launches over the last three months, as well as notable fund manager deals. ....
Street Talk can reveal Cromwell’s Direct Property Fund and Australian Unity’s Diversified Property Fund would merger, in a deal expected to be announced Friday. ....
Cromwell has struck a deal to create a joint venture with Hong Kong-based asset manager Value Partners Group, exchanging on the sale of a 50 per cent stake in its Italy logistics fund assets. ....