Cromwell to acquire Terre Property from Straits Real Estate.

Cromwell, a real estate investor, agreed to acquire Terre Property, an integrated property development and investment manager, from Straits Real Estate, a real estate investment company. Financial terms are not disclosed. “We’re excited to join Cromwell’s platform and contribute to the next phase of growth. We’ve built deep expertise across the national industrial sector and have a proven track record in developing and repositioning value-add opportunities into prime grade institutional product. Cromwell’s strategic acquisition of Terre Property Partners, makes us well placed to continue delivering performance and scale, while contributing to the growth of a leading investment management business,” Mark Brammy, Terre Property Partners CEO.