News

07/05/2020

Cromwell Property Group welcomes new tech tenant-customer to modern office space in Gdansk on behalf of Cromwell European REIT

Cromwell has leased 513 sqm of office space at Arkońska Business Park, a modern office building in Gdansk, Poland, to a Dutch technology business. Cromwell secured the lease on behalf of CEREIT.

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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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11/11/2019

Cromwell sells Galerie Butovice shopping centre in Prague

Cromwell and York Capital Management have sold Galerie Butovice shopping centre in western Prague, Czech Republic, for a price in excess of €80 million to INVESTIKA real estate fund.

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07/11/2019

Cromwell completes Acquisition of Third Party Investor Interests in Cromwell Polish Retail Fund

Cromwell has completed the acquisition of all third party investor interests in the Cromwell Polish Retail Fund (CPRF).

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28/10/2019

CEREIT acquires business park in Poland for €88.8 million

Cromwell European Real Estate Investment Trust (“CEREIT”) has completed the acquisition of the Business Garden business park in Poznań, Poland for €88.8 million from Vastint Poland. The pr...

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23/10/2019

CEREIT acquires two office assets in Poland for €80 million

Cromwell European Real Estate Investment Trust (“CEREIT”) has completed the acquisition of two office buildings in Kraków, Poland for a total of €80 million from Brassa SP. The properties ...

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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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21/08/2019

Cromwell completes extension of Janki Shopping Centre in Poland

Real estate investor and manager Cromwell Property Group (Cromwell) has officially opened the newest section of Janki Shopping Centre (Janki) in Warsaw, Poland, following the completion of a major €65...

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28/06/2019

Cromwell executes new three-year Euro-denominated syndicated facility agreement

Cromwell Property Group (ASX:CMW) (Cromwell) today announced Cromwell Property Securities Limited, as responsible entity of the Cromwell Diversified Property Trust, has executed a new €225 million thr...

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