Cromwell Property Group

ESR Group plans US$750 million to US$1 billion of divestments this year,which could include Cromwell, to focus on new economy

ESR plans to divest non-core assets, monetise sub-scale REITs and evaluate Cromwell,

This is the third consecutive year that the REIT has won the platinum award.

SINGAPORE (June 23): ARA Asset Management is offering to acquire 29% of all Cromwell Property Group’s stapled securities that it does not already hold for A$0.90 per stapled security reduced by any dividends or distributions declared, determined or paid

SINGAPORE (Dec 2): Cromwell Property Group has narrowly fended off an attempt by Singapore’s ARA Asset Management to get its preferred candidate onto the board, in the latest tussle between the Australian real estate manager and its largest shareholder.

(Nov 28): Cromwell Property Group has narrowly fended off an attempt by Singapore’s ARA Asset Management to get its preferred candidate onto the board, the latest tussle between the Australian real estate manager and its largest shareholder.

(Nov 28): A spat between an Australian property manager and a Singapore rival that’s become its biggest investor is set to intensify when shareholders meet in Brisbane on Thursday.

SINGAPORE (Apr 24): Singapore initial public offerings sure are having trouble getting over the finish line these days.

SINGAPORE (Nov 23): Two months after aborting the initial public offering (IPO) process, Australia’s Cromwell Property Group is pushing ahead with the Singapore listing of its European REIT, this time smaller in size.

SINGAPORE (Sept 22): Looks like what could have been Singapore's second-largest IPO this year won’t be happening anytime soon.