Cromwell expands AUM with strategic industrial acquisition
Filed with ASX · · 2 pages · English
Cromwell Property Group (ASX:CMW) (Cromwell) has entered into conditional agreements with Straits Real Estate Pte. Ltd. (SRE) a wholly-owned subsidiary of The Straits Trading Company Limited (SGX: S20) (Straits Trading), to acquire a 19.9% interest in SRE’s Australian industrial portfolio, valued at AUD 470 million, for a total consideration of around AUD 47.6 million. Cromwell will also acquire t
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