Morrow Sodali kicks off Cromwell Property pitch

It's proxy firms at 10-paces as Cromwell Property Group steps up its battle against renegade shareholder ARA Real Estate Investors.

Cromwell has hired the big gun of the local proxy solicitation scene, Morrow Sodali, and kicked off its pitch to investors on Wednesday.

It is understood the key message was that investors should stick with Cromwell's board and vote in Lisa Scenna and Tanya Cox as independent non-executive directors and reject ARA's nominee Gary Weiss.

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