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Company Profile

  • Business description

    Cromwell Property Group is an internally managed Australian real estate investment trust. It owns a property portfolio of mostly Australian offices, and also develops and manages properties on behalf of third-party investors in Australia and New Zealand. The group has sold or is in the process of selling its European business in 2024, and once complete, Cromwell's gearing should reduce substantially. This additional financial strength means the business could shift in a variety of directions. Management intends to provide more info at its August 2024 results about possible capital management initiatives. It previously contemplated spinning its office assets into a separate REIT. This remains a possibility but might require an improvement in office market conditons first.

  • Contact

    200 Mary Street
    Level 19
    Brisbane QLD 4000
    AUS

    T: +61 732257777

    E: invest@cromwell.com.

    https://www.cromwellpropertygroup.com

  • Sector

    Real Estate

    Stock type

    Cyclical

  • Industry

    REIT - Office

    Fiscal Year End

    30 June 2025

    Employees

    16

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