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BRIEF-Cromwell Property responds to media speculation

Published 30/11/2016, 05:57 pm
© Reuters.  BRIEF-Cromwell Property responds to media speculation
CMW
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Nov 30 (Reuters) - Cromwell Property Group CMW.AX

* response to media speculation

* refers to media speculation regarding cromwell's intentions towards Investa Office Fund

* Cromwell received notice from directors of ILFML that they were ceasing discussions as they did not believe framework or price of proposal

* "cromwell feels this is a disappointing outcome for iof unitholders"

* continues to seek opportunity to undertake a limited period of due diligence in order to make an all cash proposal to all iof unitholders

* "cromwell is of view that its proposal is compelling in current market environment" Source text for Eikon: ID:nASX2mn0nW Further company coverage: CMW.AX

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