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Simon-Garing Cromwell EREIT

Cromwell EREIT Continues Debt Reduction with $99M Sale of Italian Office Campus

2023/10/09 by Beatrice Laforga Leave a Comment

Cromwell European REIT has completed the sale of an Italian office campus for €94 million ($99.2 million) as the Singapore-listed trust continues to sell of non-core assets to reduce debt.

After seeing its interest expenses more than double from €4.2… Read More>>

Jonathan Callaghan

Value Partners Buying $30M Half-Stake in Italian Logistics Portfolio From Cromwell

2023/07/03 by Christopher Caillavet Leave a Comment

Australia’s Cromwell Property Group has agreed to a joint venture with Value Partners Group that will see the Hong Kong-based asset manager acquire a 50 percent stake in Cromwell’s portfolio of seven logistics assets in northern Italy.

The sale is… Read More>>

Rob Percy Cromwell

Cromwell, IGIS to Buy Italian Logistics Assets From DHL for €52.5M

2020/07/30 by Jonathan Burgos Leave a Comment

ASX-listed Cromwell Property Group said Wednesday it has tied up with South Korean real estate investor IGIS Asset Management to buy a set of Italian logistics assets from express giant DHL for €52.5 million ($61.6 million).

The DHL portfolio comprises… Read More>>

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