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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.

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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.

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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.

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Cromwell sharpens focus on Australia with sale of European platform

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

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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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