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The latest update is out from Cromwell Property Group ( (AU:CMW) ).
Cromwell Property Group has confirmed additional details regarding its Barton development project in ACT, which has attracted significant market interest. The project is expected to cost $201 million, including land, construction, fees, and tenant incentives, with a projected yield on cost exceeding 6.3%. This development highlights Cromwell’s continued strategic investment in real estate, potentially enhancing its market position and offering attractive returns for stakeholders.
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 real estate investor and manager with $4.5 billion of assets under management in Australia and New Zealand as of December 2024. The company serves as a trusted partner and investment manager to local and global investors, capital providers, and banking partners, with a strong track record of delivering superior risk-adjusted returns throughout the real estate investment cycle.
Average Trading Volume: 9,368,415
Technical Sentiment Signal: Sell
Current Market Cap: A$969M
For an in-depth examination of CMW stock, go to TipRanks’ Overview page.