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Cromwell doubles down on Australia with European platform sale

The property group has announced the sale of its European funds management platform for $457 million as it looks to Australia and New Zealand for future growth.

New zealandJonathan callaghanGary weissStoneweg sa groupCromwell european holdingsCromwell italy urban logistics fundCromwell property groupCromwell european

Cromwell gets $457m for European funds platform

Cromwell Property Group is selling its European fund management platform, including its Italy Urban Logistics Fund and European REIT, to Stoneweg.

New zealandGary weissJonathan callaghanRetail fundCromwell property groupLogistics fundItaly urban logistics fundPolish retail fund

CMW ASX: Property fund manager s stock pops as it says goodbye to Europe

In a transformational deal, long struggling Cromwell has sold out of its European exposures, sending its stock surging as investors welcomed the move.

Jonathan callaghanGary weissCromwell property groupStruggling brisbane based

Cromwell sharpens focus on Australia with sale of European platform

Finance and investment news for Australian investors, their advisers and the financial services industry.

New zealandGary weissJonathan callaghanStoneweg sa groupCromwell property groupCromwell italy urban logistics fundCromwell european holdingsCromwell european

Gary Weiss Cromwell pins hopes on $500m Polish malls sale to curb debt worries

Gary Weiss Cromwell pins hopes on $500m Polish malls sale to curb debt worries
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