Cromwell completed the acquisition of the logistics portfolio from Arete for $128m.

Cromwell, a commercial real estate investment and management company, completed the acquisition of the 11 logistics and light industrial properties in Czech Republic and Slovakia from Arete for $128m. “Working with Simon and the whole Cromwell team has been a pleasure particularly on such a complex transaction while we are all still feeling the impacts of Covid-19. This is a clear sign of the professionalism of both teams and the similar values and focus on our investors that we both share. It has been an honour to work together," Robert Ides, Arete Co-Founder.