The Sponsor
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 30 June 2023. 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 30 June 2023, the Sponsor has approximately $11.5 billion / €7.0 billion of real estate assets under management globally with 350+ employees in 19 offices across 15 countries. In Europe, Cromwell has approximately 210+ employees in 13 offices across 11 European countries with €3.8 billion of real estate assets under management across 17 mandates.
As at 30 June 2023, Cromwell had a market capitalisation of $1.4 billion, an Australian investment portfolio valued at $2.6 billion and total assets under management of $11.5 billion / €7.0 billion across Australia, New Zealand and Europe.