Last A$1.06 AUD
Change Today 0.00 / 0.00%
Volume 1.8M
CMW On Other Exchanges
Symbol
Exchange
OTC US
As of 10:16 PM 12/21/14 All times are local (Market data is delayed by at least 15 minutes).

cromwell property group (CMW) Snapshot

Open
A$1.06
Previous Close
A$1.06
Day High
A$1.07
Day Low
A$1.05
52 Week High
12/22/14 - A$1.07
52 Week Low
10/13/14 - A$0.94
Market Cap
1.8B
Average Volume 10 Days
4.1M
EPS TTM
A$0.11
Shares Outstanding
1.7B
EX-Date
12/29/14
P/E TM
10.0x
Dividend
A$0.08
Dividend Yield
7.22%
Current Stock Chart for CROMWELL PROPERTY GROUP (CMW)

Related News

No related news articles were found.

cromwell property group (CMW) Related Businessweek News

No Related Businessweek News Found

cromwell property group (CMW) Details

Cromwell Group is a real estate investment firm specializing in direct and fund of funds investments. For direct investments, It focuses on property investment, development, and management operations, as well as in the promotion and management of property related managed investment schemes in Australia. For fund of funds investments, the fund seeks to invest in its four existing property trusts which hold - or are contracted to acquire - six properties in Queensland, Victoria and South Australia. It also provides funds management and capital raising services for the investment in properties. The firm also holds a corporate real estate license and manages the property portfolio. Cromwell Property Group was founded in 1970 and is based in Brisbane, Australia.

Founded in 1970

cromwell property group (CMW) Top Compensated Officers

Managing Director, Chief Executive Officer, E...
Total Annual Compensation: A$1.1M
Chief Operations Officer and Director of Cont...
Total Annual Compensation: A$238.4K
Head of Administration, Director of Finance &...
Total Annual Compensation: A$632.2K
National Head of Sales and Director of Contro...
Total Annual Compensation: A$411.3K
Director of Controlled Entity and Group Treas...
Total Annual Compensation: A$494.6K
Compensation as of Fiscal Year 2014.

cromwell property group (CMW) Key Developments

Cromwell Property Group Announces Board Appointments

Cromwell Property Group has appointed Jane Tongs and Andrew Konig to the board of directors, following the retirement of David Usasz and Mike Watters. Ms. Tongs was a partner at PricewaterhouseCoopers before leaving in 1999. Since then she has had extensive experience as a non-executive director, serving on the Boards of insurance, funds management, superannuation and other financial services entities as well as private sector companies and government organizations. Ms. Tongs brings more than 20 years of management experience to the role. She was a partner at PricewaterhouseCoopers before becoming a professional company director, serving the boards of various insurance, funds management, superannuation and financial entities. As the Financial Director, Mr. Konig was responsible for all aspects of financial affairs and supported the previous CEO in corporate activities, regulatory compliance, investor relations and resources management. Mr. Konig is also an Executive Director of Fountainhead Property Trust Management Limited.

LaSalle Reportedly Bought Lend Lease Core Plus Portfolio

LaSalle Investment Management Inc. has bought the Lend Lease Core Plus portfolio from Lend Lease Group (ASX:LLC) for about $287 million, Australian Financial Review reported. Lend Lease Group and LaSalle Investment Management Inc. declined to comment on the transaction. Colliers International and Jones Lang LaSalle, which marketed the portfolio, also declined to comment. Investors who expressed interest in the assets are believed to include Cromwell Property Group (ASX:CMW), EG Funds Management and Anton Capital. There was also strong interest in individual properties.

Cromwell Property Group Announces Board Changes

Cromwell Property Group announced the appointment of experienced property industry executives Jane Tongs and Andrew Konig to the Board of Directors. The new directors were formally elected at annual general meeting following the retirement of David Usasz and Mike J Watters. Ms. Tongs was a partner at PricewaterhouseCoopers before leaving in 1999. Since then she has had extensive experience as a non-executive director, serving on the Boards of insurance, funds management, superannuation and other financial services entities as well as private sector companies and government organizations. Ms Tongs brings more than 20 years of management experience to the role. She is currently the Chairman of the Netwealth Group and Chairman of the Lend Lease Australian Prime Property Fund Investors Committee and a Director of Australian Energy Marketing Operator Limited, as well as Brighton Grammar School, Catholic Church Insurances Ltd. and Warakirri Asset Management Ltd. Ms Tongs is the independent Chairman of Netwealth Group Limited and Netwealth Investments Limited, and serves on a number of Netwealth committees. She is a Fellow of the Institute of Chartered Accountants, CPA Australia and a member of the Institute of Company Directors. Mr. Konig, a chartered accountant in South Africa, has more than 20 years of commercial and financial management experience and expertise. Mr. Konig has been the Chief Executive Officer of Redefine Properties Limited since August 2014, also having served as the Financial Director from January 2011. As the Financial Director, Mr. Konig was responsible for all aspects of financial affairs and supported the previous CEO in corporate activities, regulatory compliance, investor relations and resources management. Mr. Konig is also an Executive Director of Fountainhead Property Trust Management Limited, the trustee of the Fountainhead Property Trust, and several other Redefine Group companies.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CMW:AU A$1.06 AUD 0.00

CMW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Abacus Property Group A$3.03 AUD +0.07
Charter Hall Retail REIT A$4.28 AUD +0.025
Federation Centres A$2.87 AUD +0.045
GPT Group/The A$4.44 AUD +0.07
Shopping Centres Australasia Property Group A$1.90 AUD +0.025
View Industry Companies
 

Industry Analysis

CMW

Industry Average

Valuation CMW Industry Range
Price/Earnings 8.7x
Price/Sales 5.6x
Price/Book 23.9x
Price/Cash Flow 8.7x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CROMWELL PROPERTY GROUP, please visit www.cromwell.com.au. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.