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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17/11/2020

Cromwell appoints Darren Downs as Head of Separate Accounts

Real estate investor and manager, Cromwell Property Group (Cromwell), has welcomed Darren Downs in a new role as Head of Separate Accounts. The role is dedicated to sourcing new opportunities and stre...

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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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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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10/03/2020

In conversation with... Leon Blitz

Mr Leon Blitz joined the Cromwell Board as an independent Non-executive Director in 2017, became Deputy Chair in 2019, and recently succeeded Mr Geoff Levy as Chair. Mr Blitz is the co-founder and CEO...

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07/02/2020

Cromwell appoints Remco van Olst as Head of Operations, Europe

Cromwell has appointed Remco van Olst as Head of Operations, Europe. Remco will be based in Amsterdam and work on all operational matters across the region.

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25/10/2019

Cromwell signs three retailers including hmv at St Johns in Leeds

hmv has signed a 5-year lease with Cromwell on a 6,565 sq ft unit at St Johns Centre in Leeds. The music and entertainment retailer will move into the lower level of the mixed-use block at the end of ...

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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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