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Cromwell Property Group (CMW.AX)

CMW.AX on Australia Stock Exchange

0.98AUD
21 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Cromwell Property Group posts FY profit of $277.5 mln
Thursday, 24 Aug 2017 07:33pm EDT 

Aug 25 (Reuters) - Cromwell Property Group :FY profit after tax attributable to stapled security holders $277.5 million versus $329.6 million.FY revenue and other income $478 million, down 24 percent.Distributions for year were 8.34 cents per share representing a 0.14 cps (1.7%) increase on FY16.Cromwell expects FY18 operating profit of 8.25 cents per share and a distribution of 8.34 cents per share.  Full Article

Cromwell Property applies to SGX for IPO of Cromwell European Real Estate Investment Trust
Wednesday, 23 Aug 2017 08:13pm EDT 

Aug 24 (Reuters) - Cromwell Property Group :applied to Singapore Exchange Securities Trading with regards to a proposed ipo of cromwell european real estate investment trust.Estimated offering size of IPO of cereit is approximately eur1.0 billion (sgd1.6 billion)..  Full Article

Investa office fund updates on Cromwell Proposal
Monday, 8 May 2017 06:30am EDT 

May 8 (Reuters) - Investa Office Fund :Updates on cromwell proposal.A management meeting with IOF's fund manager and ILFML chairman has occurred to further assist Cromwell..To date, independent directors have not received any binding proposal capable of acceptance from cromwell.  Full Article

Cromwell Property says reached agreement with Investa Listed Funds Management Limited
Thursday, 6 Apr 2017 08:25pm EDT 

Cromwell Property Group : Announce that it met with chairman of Investa Listed Funds Management Limited (ILFML) and ILFML's advisors . Has agreed with ILFML (as responsible entity for investa office fund (IOF)) to sign a confidentiality agreement . Says agreement reached with ILFML on confidentiality agreement & it will be granted access to due diligence .Confidentiality agreement will grant access to due diligence, as requested in cromwell's letter dated 4 april 2017 to board of ILFML.  Full Article

Investa office received proposal from Cromwell Property to acquire all units in IOF
Tuesday, 4 Apr 2017 03:13am EDT 

Investa Office Fund : Received unsolicited, indicative, non-binding proposal from Cromwell Property Group to acquire all of outstanding units in iof .Proposal is an all cash offer price of $4.85 per IOF unit.  Full Article

Australia-Listed Cromwell Property Group considering Singapore IPO- WSJ
Tuesday, 29 Nov 2016 05:13am EST 

: Australia-listed Cromwell Property Group considering a singapore Initial Public Offering of some european office properties it manages . Cromwell to list $1 billion worth of Valad's europe properties in the U.K., the Netherlands, and France .Cromwell has appointed banks including Goldman Sachs group Inc., and UBS Group AG to manage Singapore IPO.  Full Article

Cromwell Property Group sells Adelaide property
Tuesday, 1 Dec 2015 06:00pm EST 

Cromwell Property Group:Cromwell sells Adelaide property for $73 million.The sale is expected to settle on 10 December 2015.  Full Article

Australia's Cromwell seeks up to $1.1 billion with Singapore REIT offering - IFR

HONG KONG Cromwell European Real Estate Investment Trust, a property trust sponsored by Australia's Cromwell Property Group , launched on Monday an up to 927 million euros ($1.1 billion) initial public offering in Singapore, IFR reported citing a term sheet of the deal.