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Brookfield Moves to Fully Control Cromwell with ESR Stake Buyout
4:01pm on Monday 21st of July, 2025 AEST
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Real Estate
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Brookfield Moves to Fully Control Cromwell with ESR Stake Buyout
4:01pm on Monday 21st of July, 2025 AEST
Key Points
Brookfield to acquire ESR’s remaining 19.9% stake in Cromwell
Transaction subject to Foreign Investment Review Board (FIRB) approval
No financial terms disclosed in the binding agreement
Cromwell manages $4.5 billion in assets across Australia and New Zealand
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