Cromwell Property

What can the new sponsor groups of these property trusts do to unlock value?

BT Mark to Market: ARA H-Trust, Cromwell E-Reit get new sponsors (Ep 44)

ARA H-Trust and Cromwell E-Reit has new sponsor groups backing them. Senior correspondent Ben Paul explains why, and what it means for minority investors.

Cromwell E-Reit, like ARA H-Trust, owns faraway assets and is laden with debt.
MARK TO MARKET

New sponsors of Ara H-Trust, Cromwell E-Reit unlikely to quickly lift their depressed valuations

Lack of upside for minorities may further erode confidence in the external-manager model, and fuel calls for manager internalisation initiatives

 Cromwell E-Reit’s Dutch portfolio valuation was down by 2.6 per cent, or 16.9 million euros, due to the recent increase in the Dutch transfer tax.

Cromwell E-Reit’s portfolio valuation down 1.6% in H1

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) reported a total portfolio value of 2.3 billion euros (S$3.4 billion) for the first half of 2023, representing a 1.6 per cent decrease ...

SingHaiyi to reduce Cromwell stake to 1.6% for A$16.1 million

SingHaiyi to reduce Cromwell stake to 1.6% for A$16.1 million

MAINBOARD-LISTED developer SingHaiyi Group is again paring its stake in Cromwell Property Group, with a share sale to an ARA Asset Management Holdings unit.

Cromwell E-Reit dips toes into data centres; sponsor, EXS set up new fund

Cromwell E-Reit dips toes into data centres; sponsor, EXS set up new fund

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit), whose current portfolio is mostly made up of office and light industrial or logistics properties in Europe, is now planning to make it...

Cromwell E-Reit to invest in London, Frankfurt data centres

Cromwell E-Reit to invest in London, Frankfurt data centres

CROMWELL European Real Estate Investment Trust (Cromwell E-Reit) has signed a heads of terms agreement with its sponsor and Stratus Data Centres, to co-invest directly into 50 per cent stakes in two E...

Cromwell Property gets offer for 29% stake from ARA

Cromwell Property gets offer for 29% stake from ARA

[BENGALURU] Australia's Cromwell Property Group said on Tuesday it had received a takeover bid from its largest shareholder, ARA Asset Management, for 29 per cent of its stapled securities.

Cromwell Reit IPO called off

Cromwell Reit IPO called off

Move follows a scaling down of the offer and a doubling in the sponsor's stake