Insight Magazine - Cromwell Funds Management

Find out the latest updates and insights

With the latest news and research, you'll be able to find out what's happening in Insight.

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Find out the latest updates and insights

With the latest news and research, you'll be able to find out what's happening in Insight.

Insight magazine

Welcome to this quarter’s digital Insight magazine.

In this edition, we examine the methodologies, processes, and outcomes of commercial property valuations; we examine how our team actively manage Cromwell Direct Property Fund’s Chesser House asset; we follow the progress made on the Cromwell Direct Property Fund’s ESG commitments; and we take a closer look at investment in healthcare property.

You can stay up to date with the latest Cromwell and market updates by signing up to receive Insight via email each month.

Happy reading!


Feature article

An introduction to property valuations

A commercial property valuation is the most reliable way of determining the market value of an income-producing property – it serves as an important, professionally backed tool for owners, investors, banks, regulators, and other interested parties.

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In brief

Each month, Cromwell consistently makes progress towards our business goals, which means new and exciting announcements for investors. Insight magazine’s ‘In brief’ news section has the most recent Cromwell developments, and more.

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  • Cromwell ranks top five in NABERS Sustainable Portfolio Index (SPI)
  • A new way to gain Insight
  • New healthcare fund opportunity
  • 700 Collins Street achieves a WiredScore Platinum rating

Cromwell ranks top five in NABERS Sustainable Portfolio Index (SPI)

 

The NABERS Sustainable Portfolio Index (SPI) results have been released for 2024 – and Cromwell has again achieved a top five position for both the Cromwell Direct Property Fund and Cromwell’s investment portfolio.

Cromwell’s Direct Property Fund

  • Cromwell’s Direct Property Fund (DPF) ranked fifth spot in the ‘Offices and Shopping Centres’ category for 2024 and was awarded a 5.3 portfolio energy rating by NABERS.

Cromwell’s investment portfolio

  • Cromwell’s investment portfolio has been awarded the fourth spot in the ‘Offices and Shopping Centres’ category for 2024 with a 5.4 portfolio energy rating by NABERS.

This result reaffirms Cromwell’s continued commitment to sustainability across our business, and we commend everyone in the business who helped achieve this impressive result.

Now in its sixth year, the SPI includes 60 office and shopping centre portfolios, as well as covering public hospitals for the first time, with 133 Victoria Health assets included.

The index offers a unique, whole-of-portfolio view of actual performance across energy efficiency, water efficiency, waste management, indoor environment quality, and carbon neutrality.

A new way to gain Insight

 

For years, Cromwell’s Insight magazine has been one of the commercial property sector’s premier publications – a regular way for us to connect with you, our investors. We continue to endeavour to bring you the most relevant, engaging, and insightful content in each edition.

We’re conscious of the current challenging economic environment – and the need to reduce spend and minimise waste – while still delivering Insight to our eager readers.

As such, we have begun to roll-out a new way of getting news to you – a monthly digital version of Insight, straight to your email inbox. If you would like to receive news articles and commentaries each month via email, and you aren’t already, complete the form online here: www.cromwell.com.au/opt-in

New healthcare fund opportunity

 

Cromwell Funds Management’s latest property investment opportunity, the Cromwell Healthcare Property Fund, is launching soon.

Cromwell’s newest fund, The Cromwell Healthcare Fund, is expected to officially launch in May 2024, with eager investors already registering their interest.

The new Fund aims to provide investors with an average distribution yield over 7% per annum, paid monthly and is targeting an investment term of 5 to 7 years. The Fund replicates many features of Cromwell’s other single-asset unlisted property trusts, including a strong tenant profile and long lease term.

Key characteristics:

  • South Australian Government healthcare operator on long-term lease
  • Essential health service provider for outpatient, primary, and allied health
  • Facility alleviates pressure on nearby hospitals

For more information about the new fund, the product flyer, and the PDS and TMD, visit www.cromwell.com.au/invest/latest-investment-opportunities/cromwell-healthcare-property-fund.

700 Collins Street achieves a WiredScore Platinum rating

 

Cromwell’s 700 Collins Street property in Melbourne has achieved a WiredScore Platinum rating.

WiredScore certification is the global standard for digital connectivity, which recognises and promotes best-in-class digitally connected buildings across the globe.

WiredScore’s Collins Street rating signifies that the building offers premium connectivity and cutting-edge technology, which seeks to ensure an exceptional experience for our occupiers.

By providing users with multiple choices of internet service providers, a reliable mobile experience, and infrastructural safeguards to maintain secure connectivity, 700 Collins caters to a wide range of connectivity requirements, and meets the daily digital needs of our tenants.

Congratulations to Cromwell’s property team for maintaining such an exciting asset!

Market updates

March 2024 direct property market update

The disinflation cycle is in the ‘last mile’, where monetary policy is being finely calibrated and market expectations can move month-to-month with…

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March 2024 quarter ASX A-REIT market update

The S&P/ASX 300 A-REIT Accumulation Index continued its march higher in the first quarter of 2024, gaining 16.2%. Property stocks meaningfully outperformed…

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Quarterly Fund Reports

As at 31 March 2024.

Cromwell Direct Property Fund
Cromwell Phoenix Property Securities Fund
Cromwell Phoenix Global Opportunities Fund
Cromwell Phoenix Opportunities Fund
Cromwell Property Trust 12
Cromwell Riverpark Trust

The information in this section of the website is provided for the use of licensed financial advisers and wholesale investors only. In no circumstances is it to be used by a potential investor for the purposes of making a decision about a financial product or class of products. Any advice is not personal advice and has been prepared without taking into account investors objectives, financial situation or needs.

By electing to continue, you confirm that you are a licensed financial adviser or a wholesale investor.

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