Value Partners Group completed the acquisition of a stake in Cromwell Italy Urban Logistics Fund assets from Cromwell Property Group for €55.8m.

Value Partners Group, an investment firm, completed the acquisition of a stake in Cromwell Italy Urban Logistics Fund assets, a portfolio of seven properties in Northern Italy, from Cromwell Property Group, a real estate investor, for €55.8m. “The part-sale of the Cromwell Italy Urban Logistics Fund is another step in the organisation’s strategic journey to repositioning itself as a capital-light fund manager. The Italian assets were identified as non-core to Cromwell’s business in 2022 and, as a result, Cromwell actively marketed the assets for sale or co-investment,” Jonathan Callaghan, Cromwell CEO.