Cromwell follows ASIC’s good practice guidance for website disclosure of material information. This means that all material information in relation to the Cromwell Riverpark Trust will be posted on this webpage as soon as practicable after Cromwell becomes aware of it.

21 August 2018

Latest RG46 Disclosure Guide

Download the latest Direct Property Fund Disclosure Guide here.

... More >

04 July 2018

Correction to Asset Valuation Update - Cromwell Riverpark Trust

04 July 2018

Cromwell Funds Management Limited (CFM) as responsible for the Cromwell Riverpark Trust (Trust) refers to the Asset Valuation Update for the Trust released on 2 July 2018.

CFM disclosed that the provisional net tangible asset value (NTA) of the Trust (subject to the audit) is forecast to increase to $1.93 per unit at 30 June 2018.

CFM advises that the NTA of the Trust (subject to the audit) is instead forecast to increase to... More >

02 July 2018

Asset Valuation Update – Cromwell Riverpark Trust

02 July 2018

An external valuation of the Energex House as at 30 June 2018 has provided good news for Cromwell Riverpark Trust (Trust) unitholders: a 3.4% increase in the value of the asset to $273 million, up from $264 million as at 30 June 2017.

The increase in value was underpinned by a 0.25% decrease in the capitalisation rate, from 6.25% to 6.0%.

The provisional net tangible asset value (NTA) of the Trust (subject to the... More >

02 July 2018

Distributions Increased to 11.50 cpu pa

Cromwell Funds Management Limited (CFM) is pleased to announce that distributions for the Cromwell Riverpark Trust (Trust) have been increased by 0.25 cents per unit (cpu) per annum from July 2018.

The increase takes the distribution to 11.50% per annum, based on the unit issue price of $1.00. Distributions will continue to be paid monthly.

CFM’s decision to increase distributions by the Trust was underpinned by an increase in annual rental income.

If you have any questions,... More >

26 February 2018

Latest RG46 Disclosure Guide

26 February 2018

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

11 October 2017

Latest RG46 Disclosure Guide

11 October 2017

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

31 July 2017

Latest RG46 Disclosure Guide

31 July 2017

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

05 July 2017

Cromwell Riverpark Trust Election to be an Attribution Managed Investment Trust

05 July 2017

Click here for the full update

... More >

03 July 2017

Distributions Increased to 11.25 cpu pa

Cromwell Funds Management Limited (“CFM”) is pleased to announce that distributions for the Cromwell Riverpark Trust (“Trust”) have been increased by 0.25 cents per unit (“cpu”) per annum from July 2017.The increase takes the distribution to 11.25% per annum, based on the unit issue price of $1.00. Distributions will continue to be paid monthly.CFM’s decision to increase distributions by the Trust was underpinned by an increase in annual rental income.If you have any... More >

03 July 2017

Asset Valuation Update

An external valuation of the Energex House as at 30 June 2017 has provided good news for Cromwell Riverpark Trust (“Trust”) unitholders: a 6.9% increase in the value of the asset to $264 million, up from $246.9 million as at 31 December 2016.The increase in value was underpinned by a 0.5% decrease in the capitalisation rate, from 6.75% to 6.25%.The provisional net tangible asset value (NTA) of the Trust (subject to the audit) is... More >

27 March 2017

Cromwell Riverpark Trust – Constitution Amendments

27 March 2017 Further to our announcement of 16 March 2017, Cromwell Funds Management Limited (ABN 63 114 782 777) (“CFM”) as the responsible entity of Cromwell Riverpark Trust ARSN 135 002 336 (“CRT”) did not receive a request from unit holders (holding at least 5% of the votes that may be cast on the resolution) to call and arrange to hold a meeting of unit holders of CRT to consider and vote on a special resolution to... More >

16 March 2017

Notice of Proposed Trust Constitution Amendments

16 March 2017 PROPOSED CONSTITUTION AMENDMENTS TO FACILITATE ADOPTION OF THE ATTRIBUTION MANAGED INVESTMENT TRUST (AMIT) REGIMENOTICE PURSUANT TO SECTION601GCA OF THE CORPORATIONS ACT

Cromwell Riverpark Trust (ARSN 135 002 336) (“Trust”) is eligible to be an Attribution Managed Investment Trust (“AMIT”) and to apply the new income tax regime for managed investment trusts that was recently enacted under the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (Cth)(“AMIT regime”). The key feature under the... More >

24 January 2017

Latest RG46 Disclosure Guide

24 January 2017

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

11 January 2017

Asset Valuation Update

11 January 2017

An internal valuation of the Energex House as at 31 December 2016 has provided good news for Cromwell Riverpark Trust (“Trust”) unitholders: a 4.2% increase in the value of the asset to $246.9 million, up from $237.0 million as at 30 June 2016.

The increase in value was underpinned by a 3.75% increase in rental income.

The provisional net tangible asset value (NTA) of the Trust (subject to the audit) is forecast to increase to $1.66 per... More >

14 September 2016

Latest RG46 Disclosure Guide

14 September 2016

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

06 September 2016

Interest Rate Swap

06 September 2016

Cromwell Funds Management Limited has finalised the interest rate swap for the Cromwell Riverpark Trust (“Trust”) bank loan on terms that are more favourable than those outlined in section 8.6 of the Cromwell Riverpark Trust Notice of Meeting and Explanatory Memorandum dated 20 May 2016 (“Explanatory Memorandum”).

The interest rate swap follows the decision of Trust Unitholders in July 2016 to extend the term of the Trust for a further five years under the Rollover... More >

22 August 2016

Bank Loan Update

22 August 2016

Cromwell Funds Management Limited has finalised the variation of the existing Cromwell Riverpark Trust (“Trust”) bank loan on terms that are the same, or more favourable than, the terms outlined in section 7.4 of the Cromwell Riverpark Trust Notice of Meeting and Explanatory Memorandum dated 20 May 2016 (“Explanatory Memorandum”).

The variation of the Trust’s bank loan follows the decision of Trust Unitholders in July 2016 to extend the term of the Trust for a further... More >

08 August 2016

Asset Valuation Update

08 August 2016

An external valuation of the Energex House as at 30 June 2016 has provided good news for Cromwell Riverpark Trust (“Trust”) unitholders: an increase in the value of the asset to $237 million, up from $233 million as at 31 December 2015.

The re-valuation was undertaken as part of the successful Rollover Proposal1 which was approved on the 7th of July 2016 by the Trust’s unitholders.

The provisional net tangible asset value (“NTA”) of the Trust increased... More >

07 July 2016

Extension of the Matching Facility

07 July 2016

Cromwell Funds Management Limited as responsible entity for the Cromwell Riverpark Trust (“Trust”) confirms that the Matching Facility for the Trust, as outlined within the Notice of Meeting and Explanatory Memorandum dated 20 May 2016 (“EM”), will remain open until 5pm on Friday, 15 July 2016 to ensure any Buy Forms and Sell Forms delayed in transit (such as postal delays) can be duly received and processed.

Please refer to Section 5.3 on page 12... More >

07 July 2016

Unitholders approve the Further Term of the Cromwell Riverpark Trust, extending it by five years

07 July 2016

Cromwell Riverpark Trust (“Trust”) unitholders have voted to approve both resolutions required to implement the Rollover Proposal, as put forward in the Notice of Meeting and Explanatory Memorandum dated 20 May 2016.

A successful ‘For’ vote on Resolution 1 extends the Trust Term by five years, until 8 July 2021.

In addition, a successful ‘For’ vote on Resolution 2 results in the approval of the proposed amendments to the Trust’s Constitution by way of a Supplemental... More >

01 July 2016

Distributions Increased to 11.0 cpu Pa

01 July 2016

Cromwell Funds Management Limited (“CFM”) is pleased to announce that distributions for the Cromwell Riverpark Trust (“Trust”) have been increased by 1.25 cents per unit (“cpu”) per annum from July 2016.

The increase takes the distribution to 11.00% per annum, based on the unit issue price of $1.00. Distributions will continue to be paid monthly.

CFM’s decision to increase distributions by the Trust was underpinned by an increase in annual rental income in addition to the expiry... More >

21 March 2016

Latest RG46 Disclosure Guide

21 March 2016

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

04 January 2016

Asset Valuation Update - Cromwell Riverpark Trust

04 January 2016

An external valuation of the Energex House as at 31 December 2015 has provided good news for Cromwell Riverpark Trust (Trust) unitholders: a 6.4% increase in the value of the asset to $233 million, up from $219 million as at 30 June 2015.

The increase in value was underpinned by a 3.75% increase in rental income and a 0.25% decrease in the capitalisation rate.

The provisional net tangible asset value (NTA) of the Trust (subject to the... More >

30 September 2015

Latest RG46 Disclosure Guide

30 September 2015

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

09 July 2015

Distributions Increased to 9.75% pa

09 July 2015

Cromwell is pleased to announce that distributions for the Cromwell Riverpark Trust (the Trust) have been increased by 0.25% from July 2015.

The increase takes the distribution to 9.75% per annum, based on the unit issue price of $1.00. Distributions will continue to be paid monthly.

Cromwell’s decision to increase distributions by the Trust was underpinned by an increase in annual rental income.

Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (CFM) has prepared this... More >

09 July 2015

Asset Valuation Update - Cromwell Riverpark Trust

09 July 2015

An internal valuation of the Energex House as at 30 June 2015 has provided good news for Cromwell Riverpark Trust (Trust) unitholders: a 1.8% increase in the value of the asset to $219 million, up from $215 million as at 31 December 2014.

The increase in value was underpinned by new retail leases and a slight decrease in the capitalisation rate..

The provisional net tangible asset value (NTA) of the Trust (subject to the annual audit) is... More >

21 March 2016

Latest RG46 Disclosure Guide

21 March 2016

Download the latest Cromwell Riverpark Trust Disclosure Guide here.

... More >

27 January 2015

Asset Valuation Update - Cromwell Riverpark Trust

27 January 2015

An external independent valuation of the Energex House as at 31 December 2014 has provided good news for Cromwell Riverpark Trust (Trust) unitholders: a 4.9% increase in the value of the asset to $215 million, up from $205 million as at 30 June 2014.

The increase in value was underpinned by a 0.25% decrease in the valuation’s capitalisation rate to 7.00% and a 3.75% increase in rental income. Jones Lang LaSalle carried out the valuation.

The provisional... More >

15 September 2014

Latest RG46 Disclosure Guide

15 September 2014

Download the latest Riverpark Trust Disclosure Guide here.

... More >

10 July 2014

Distributions Increased to 9.50% pa

10 July 2014

Cromwell is pleased to announce that distributions for the Cromwell Riverpark Trust (the Trust) have been increased by 0.25% from July 2014.

The increase takes the distribution to 9.50% per annum, based on the unit issue price of $1.00. Distributions will continue to be paid monthly.

Cromwell’s decision to increase distributions by the Trust was underpinned by an increase in annual rental income.

Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (CFM) has prepared this... More >

04 July 2014

Bank Loan Update - Cromwell Riverpark Trust

04 July 2014

The Bank Loan for the Property was due to expire in February 2015. To take advantage of current market conditions, CFML has negotiated an extension of the Bank Loan until December 2016. The margin rate under the Bank Loan has reduced slightly. All other terms remain substantially the same.

Cromwell Funds Management Limited ABN 63 114 782 777 AFSL 333214 (CFM) has prepared this update and is the responsible entity of, and the issuer of... More >

01 July 2014

Asset Valuation Update - Cromwell Riverpark Trust

01 July 2014

An external independent valuation of the Energex House as at 30 June 2014 has provided good news for Cromwell Riverpark Trust (Trust) unitholders: a 3.0% increase in the value of the asset to $205 million, up from $199 million as at 31 December 2013.

The increase in value is underpinned by a 0.25% decrease in the valuation’s capitalisation rate to 7.25%. Colliers International carried out the valuation.

The provisional net tangible asset value (NTA) of the Trust... More >

30 March 2014

Latest RG46 Disclosure Guide

30 March 2014

Download the latest Riverpark Trust Disclosure Guide here.

... More >

28 January 2014

Energex House Revaluation

28 January 2014

An internal valuation of Energex House as at 31 December 2013 has provided good news for Cromwell Riverpark Trust (Trust) unitholders: a 3.4% increase in the value of the asset to $199 million, up from $192.5 million as at 30 June 2013.

The increase in value is underpinned by a 3.75% increase in rental. The lease agreement with the key tenant, Energex Limited, stipulates minimum fixed annual rent increases.

The net asset value (NAV) of the Trust... More >

14 July 2013

Distributions Increased to 9.25% PA

14 July 2013

Cromwell is pleased to announce that distributions for the Cromwell Riverpark Trust have been increased by 0.25% from July 2013.

The increase takes the distribution to 9.25% per annum, based on the unit issue price of $1.00. Distributions will continue to be paid monthly.

Cromwell’s decision to increase distributions by the Trust was underpinned by an annual increase in rental income.

Capital growth and distributions are not guaranteed and are subject to the assumptions and risks set out... More >

30 August 2012

Disclosure Guide to 9 March 2012

30 August 2012

The Australian Securities & investments Commission ("ASIC") issued Regulatory Guide 46 'Unlisted Property Schemes - Improving Disclosure For Retail Investors' ("RG46") in September 2008. RG46 sets out particular disclosure principles for improved disclosure to retail investors to help them compare risks and returns across investments in the unlisted property sector.

Cromwell Property Securities Limited, as Responsible Entity of the Cromwell Riverpark Trust (“CRT” or “the Trust”), has released a revised Disclosure Guide for the Trust. The... More >

27 May 2012

Distributions Increase to 9 cents per unit

27 May 2012

A 30 June 2012 independent property valuation of Energex House has provided good news for Cromwell Riverpark Trust unitholders with a 3% increase in the value of the asset to $192 million, up from $186 million the previous year.

The valuation increases the Trust’s net tangible asset value (NTA) to $1.04 per unit and reflects the automatic annual increase in rental income built into the Energex lease.

The increased rental income has also allowed Cromwell to... More >