Geneva-based investment group Stoneweg has agreed to buy Cromwell Property Group’s European fund management platform and associated co-investments for €280m (£238m).
The platform totals €3.9bn of real estate assets under management. It includes Cromwell’s 27.8% stake in the Singapore-listed €2.2bn
Thank you for reading EG
Want to read more? Enjoy a story a week for FREE for one month.
