Cromwell Property Group

Cromwell Property Group is a commercial real estate investment and management company with operations in Australia, New Zealand and Europe.

In 2017 it launched Cromwell European REIT on main board of Singapore Stock Exchange.

[6][better source needed] In September 2020 a federal Liberal senator called for Foreign Investment Review Board (FIRB) regulators to step in and block a Singapore takeover offer for the Cromwell Property Group, arguing the bid contravened new rules brought in to safeguard Australian assets during the coronavirus pandemic.

[7] Cromwell co-founder and CEO Paul Weightman retired after 22 years following a boardroom battle over a failed proportional takeover bid by Singapore's ARA Asset Management.

In February 2021 Cromwell was forced to downgrade its distribution guidance for the year and put on hold a plan to launch a $1 billion Europe-based data centre fund.