The Manager and the Property Manager are wholly-owned subsidiaries of Cromwell Property Group (the “Sponsor”).
Cromwell Property Group is the Sponsor of CEREIT and owns approximately 27.9% of CEREIT’s Units under issue as at 31 December 2021. Cromwell Property Group is an ASX-listed real estate investor and fund manager with operations on three continents and a global investor base. As at 31 December 2021, the Sponsor has approximately €7.8 billion of real estate assets under management globally with 450+ employees in 28 offices across 14 countries. In Europe, Cromwell has approximately 220 employees in 17 offices across 11 European countries with €3.8 billion of real estate assets under management across 19 mandates
As at 30 June 2022, Cromwell had a market capitalisation of $2.0 billion, an Australian investment portfolio valued at $3.0 billion and total assets under management of $12.0 billion across Australia, New Zealand and Europe.