Cromwell Property Group
CMW: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|#VF | LOCK|h> | LOCK|#!sQq> |
We Raise Our Uncertainty Rating for Cromwell Property Group
Business Strategy and Outlook
Cromwell Property Group is in a much simpler shape compared with precovid days. Between fiscal 2022 and 2025, Cromwell divested AUD 1.6 billion of assets, including the European funds management business, offshore property holdings, and noncore Australian assets. The remaining businesses are a portfolio of A-grade metropolitan offices, primarily in Sydney and Brisbane, and a small funds management platform. As of June 30, 2026, the group had third-party assets under management of AUD 2.4 billion across Australia and New Zealand.
United States