News: IOF Cromwell Property responds to media speculation

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"