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Cromwell Property Group is an internally managed Australian real estate investment trust. It owns an Australian portfolio of (mostly office) properties and also develops and manages properties on behalf of third-party investors. The group is exploring opportunities to sell some assets, particularly in Europe, and to spin out its office portfolio into a separate REIT, leaving the Cromwell business to focus more on funds management. The timetable is uncertain given higher interest rates are a headwind for property sales.
| Last: | $0.28 |
|---|---|
| Change Percent: | 0.0% |
| Open: | $0.28 |
| Close: | $0.28 |
| High: | $0.28 |
| Low: | $0.28 |
| Volume: | 380 |
| Last Trade Date Time: | 04/15/2024 03:00:00 am |
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**MWN-AI FAQ is based on asking OpenAI questions about Cromwell Property Group Stapled (Unit, ) (OTCMKTS: CMWCF).
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