IOF 0.00% $5.58 investa office fund

News: IOF Cromwell Property responds to media speculation

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    Nov 30 (Reuters) - Cromwell Property Group (CMW)

    • 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"
 
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