Stoneweg to acquire a European fund management platform from Cromwell Property Group for €280m.

Stoneweg, a real estate investment firm, agreed to acquire a European fund management platform from Cromwell Property Group, a commercial real estate investment and management company, for €280m. “This milestone transaction immediately creates a pan-European real estate asset management platform of scale and continues our strong track record of successful transactions to deliver value for our investors. It successfully brings together two highly complementary businesses with a shared conviction in the compelling structural, demographic and technological drivers underpinning select real estate asset classes in Europe," Jaume Sabater, Stoneweg Founder & CEO.