Latest News
19/08/2008
Cromwell today released its FY08 results, delivering a record profit from operations of $70.8 million and providing FY09 operating earnings and distribution guidance of 10 cps.
21/07/2008
In a market desperate for good news, Cromwell Group is pleased to announce a positive result for its latest property revaluations and confirm previous guidance for FY08 operating earnings.
16/07/2008
For the quarter ending 30 June 2008 the Fund revalued 321 Exhibition Street, Melbourne, with a valuation increase from $123.5 million to $125 million. The valuation result is an excellent outcome for the Fund in the current volatile market.
22/05/2008
Cromwell is pleased to announce the acquisition of the Tuggeranong Office Park on an initial yield of 10.7 per cent and fully leased to the Commonwealth Government until December, 2016.
17/04/2008
Cromwell is pleased to announce the appointment of former Investec Bank (Australia) Ltd CEO and Executive Chairman Geoffrey Levy AO as the Group’s Non-Executive Chairman
15/04/2008
Cromwell has today announced the launch of a property securities fund to take advantage of strong buying opportunities that Cromwell sees amongst Australian Real Estate Investment Trusts (A-REITs, previously referred to as LPTs).
08/04/2008
Cromwell announces the successful refinancing / extension of debt facilities totalling $248 million for the Cromwell Property Fund for a further 3 year term.