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Cromwell Property Group ( (AU:CMW) ) has provided an update.
Cromwell Property Group has announced a significant change in its shareholder structure, as ESR Real Estate Investors XXI Pte. Ltd. and its associated entities have ceased to be substantial holders. This change comes after the disposal of over 520 million ordinary stapled securities in Cromwell, impacting the company’s shareholder composition and potentially its market positioning.
The most recent analyst rating on (AU:CMW) stock is a Hold with a A$0.46 price target. To see the full list of analyst forecasts on Cromwell Property Group stock, see the AU:CMW Stock Forecast page.
More about Cromwell Property Group
Cromwell Property Group is a prominent player in the real estate industry, focusing on property investment and management. The company operates through Cromwell Corporation Limited and Cromwell Property Securities Limited, managing the Cromwell Diversified Property Trust.
Average Trading Volume: 9,682,474
Technical Sentiment Signal: Buy
Current Market Cap: A$1.09B
Learn more about CMW stock on TipRanks’ Stock Analysis page.