A local Brisbane investment group acquired 433 Boundary Street of Cromwell Direct Property Fund from Cromwell Direct Property Fund and Cromwell Property Group (ASX:CMW) on August 29, 2024. A cash consideration of AUD 41.5 million will be paid by the buyer. As part of consideration, AUD 41.5 million is paid towards assets of 433 Boundary Street of Cromwell Direct Property Fund.

A local Brisbane investment group completed the acquisition of 433 Boundary Street of Cromwell Direct Property Fund from Cromwell Direct Property Fund and Cromwell Property Group (ASX:CMW) on August 29, 2024.