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Cromwell Property Group (ASX:CMW) Balance Sheet Cash And Cash Equivalents


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What is Cromwell Property Group Balance Sheet Cash And Cash Equivalents?

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Cromwell Property Group (ASX:CMW) Business Description

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GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Cromwell Property Group (ASX:CMW) » Definitions » Balance Sheet Cash And Cash Equivalents
Traded in Other Exchanges
Address
200 Mary Street, Level 19, Brisbane, QLD, AUS, 4000
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, 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 high interest rates are a headwind for property sales and sentiment toward office stocks has been depressed since the rise of hybrid working.