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    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="CashAndCashEquivalents_periodEndLabel_labelfr" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="CashAndCashEquivalents_periodStartLabel_labelfr" xml:lang="fr">Trésorerie et équivalents de trésorerie début de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashAndCashEquivalents" xlink:to="CashAndCashEquivalents_periodStartLabel_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="ComprehensiveIncome_totalLabel_labelfr" xml:lang="fr">Total Résultat global</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ComprehensiveIncome" xlink:to="ComprehensiveIncome_totalLabel_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="Equity_periodStartLabel_labelfr" xml:lang="fr">Capitaux propres début de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="Equity_periodStartLabel_labelfr" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="Equity_periodEndLabel_labelfr" xml:lang="fr">Capitaux propres fin de période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Equity" xlink:to="Equity_periodEndLabel_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/totalLabel" xlink:label="EquityAndLiabilities_totalLabel_labelfr" xml:lang="fr">Total Capitaux propres et passifs</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="EquityAndLiabilities" xlink:to="EquityAndLiabilities_totalLabel_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="IncreaseDecreaseInCashAndCashEquivalents" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalents" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="IncreaseDecreaseInCashAndCashEquivalents_netLabel_labelfr" xml:lang="fr">Augmentation (diminution) nette de la trésorerie et des équivalents de trésorerie</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalents" xlink:to="IncreaseDecreaseInCashAndCashEquivalents_netLabel_labelfr" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodEndLabel" xlink:label="IncreaseDecreaseInCashAndCashEquivalents_periodEndLabel_labelfr" xml:lang="fr">Augmentation (diminution) nette de la trésorerie et des équivalents de trésorerie à la cloture</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalents" xlink:to="IncreaseDecreaseInCashAndCashEquivalents_periodEndLabel_labelfr" xlink:type="arc" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/periodStartLabel" xlink:label="IncreaseDecreaseInCashAndCashEquivalents_periodStartLabel_labelfr" xml:lang="fr">Augmentation (diminution) nette de la trésorerie et des équivalents de trésorerie à l'ouverture</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalents" xlink:to="IncreaseDecreaseInCashAndCashEquivalents_periodStartLabel_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:href="http://xbrl.ifrs.org/taxonomy/2020-03-16/full_ifrs/full_ifrs-cor_2020-03-16.xsd#ifrs-full_IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2009/role/netLabel" xlink:label="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_netLabel_labelfr" xml:lang="fr">Augmentation (diminution) nette de la trésorerie et des équivalents de trésorerie avant effet des variations des taux de change</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges" xlink:to="IncreaseDecreaseInCashAndCashEquivalentsBeforeEffectOfExchangeRateChanges_netLabel_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="AdjustmentsForDepreciationAmortisationAndProvisions_label_labelfr" xml:lang="fr">Dépréciations et provisions</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForDepreciationAmortisationAndProvisions" xlink:to="AdjustmentsForDepreciationAmortisationAndProvisions_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="InterestExpenseCash" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_InterestExpenseCash" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="InterestExpenseCash_label_labelfr" xml:lang="fr">Intérêts financiers - impact trésorerie</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseCash" xlink:to="InterestExpenseCash_label_labelfr" xlink:type="arc" />
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    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="RetainedEarningsAccumulatedOtherComprehensiveIncomeAndTreasuryShares_label_labelfr" xml:lang="fr">Réserves consolidées</link:label>
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    <link:loc xlink:type="locator" xlink:label="NetDepreciationAndProvisionExpense" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_NetDepreciationAndProvisionExpense" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="NetDepreciationAndProvisionExpense_label_labelfr" xml:lang="fr">Dotations nettes aux amortissements et provisions</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="NetDepreciationAndProvisionExpense" xlink:to="NetDepreciationAndProvisionExpense_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="RevenueFromInvestmentProperty" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_RevenueFromInvestmentProperty" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="RevenueFromInvestmentProperty_label_labelfr" xml:lang="fr">Revenus locatifs</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RevenueFromInvestmentProperty" xlink:to="RevenueFromInvestmentProperty_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="InterestExpenseNoncash" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_InterestExpenseNoncash" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="InterestExpenseNoncash_label_labelfr" xml:lang="fr">Intérêts financiers - application IAS 39</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="InterestExpenseNoncash" xlink:to="InterestExpenseNoncash_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="RepaymentsOfBorrowingsAndLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_RepaymentsOfBorrowingsAndLeaseLiabilitiesClassifiedAsFinancingActivities" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="RepaymentsOfBorrowingsAndLeaseLiabilitiesClassifiedAsFinancingActivities_label_labelfr" xml:lang="fr">Remboursements d'emprunts (y compris location-financement et dépôts de garantie)</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RepaymentsOfBorrowingsAndLeaseLiabilitiesClassifiedAsFinancingActivities" xlink:to="RepaymentsOfBorrowingsAndLeaseLiabilitiesClassifiedAsFinancingActivities_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssetsLossOfControlOfSubsidiariesAndDecreaseInInterestAssociates" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssetsLossOfControlOfSubsidiariesAndDecreaseInInterestAssociates" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssetsLossOfControlOfSubsidiariesAndDecreaseInInterestAssociates_label_labelfr" xml:lang="fr">Elimination des résultats de cessions et pertes et profits de dilution</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssetsLossOfControlOfSubsidiariesAndDecreaseInInterestAssociates" xlink:to="AdjustmentsForLossesGainsOnDisposalOfNoncurrentAssetsLossOfControlOfSubsidiariesAndDecreaseInInterestAssociates_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="CashFlowsFromUsedInOperationsAfterChangesInWorkingCapitalAndFinanceCostsAndTaxExpenses" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_CashFlowsFromUsedInOperationsAfterChangesInWorkingCapitalAndFinanceCostsAndTaxExpenses" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="CashFlowsFromUsedInOperationsAfterChangesInWorkingCapitalAndFinanceCostsAndTaxExpenses_label_labelfr" xml:lang="fr">Capacité d’autofinancement après coût de la dette financière nette et impôts</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CashFlowsFromUsedInOperationsAfterChangesInWorkingCapitalAndFinanceCostsAndTaxExpenses" xlink:to="CashFlowsFromUsedInOperationsAfterChangesInWorkingCapitalAndFinanceCostsAndTaxExpenses_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="OtherGeneralAndAdministrativeExpenseInvestmentProperty" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_OtherGeneralAndAdministrativeExpenseInvestmentProperty" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OtherGeneralAndAdministrativeExpenseInvestmentProperty_label_labelfr" xml:lang="fr">Autres charges de structure</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherGeneralAndAdministrativeExpenseInvestmentProperty" xlink:to="OtherGeneralAndAdministrativeExpenseInvestmentProperty_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="OtherPropertyExpense" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_OtherPropertyExpense" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OtherPropertyExpense_label_labelfr" xml:lang="fr">Autres charges liées au patrimoine</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherPropertyExpense" xlink:to="OtherPropertyExpense_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="ProfitLossBeforeTaxExcludingShareOfProfitLossOfAssociates" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_ProfitLossBeforeTaxExcludingShareOfProfitLossOfAssociates" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ProfitLossBeforeTaxExcludingShareOfProfitLossOfAssociates_label_labelfr" xml:lang="fr">Résultat avant impôts des activités poursuivies</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossBeforeTaxExcludingShareOfProfitLossOfAssociates" xlink:to="ProfitLossBeforeTaxExcludingShareOfProfitLossOfAssociates_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="ProfitLossFromOperatingActivitiesBeforeGainsLossesOnFairValueInvestmentProperty" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_ProfitLossFromOperatingActivitiesBeforeGainsLossesOnFairValueInvestmentProperty" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="ProfitLossFromOperatingActivitiesBeforeGainsLossesOnFairValueInvestmentProperty_label_labelfr" xml:lang="fr">Résultat opérationnel avant variation de la juste valeur des immeubles de placement</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ProfitLossFromOperatingActivitiesBeforeGainsLossesOnFairValueInvestmentProperty" xlink:to="ProfitLossFromOperatingActivitiesBeforeGainsLossesOnFairValueInvestmentProperty_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="OtherAdjustmentsForFairValueGainsLossesOnProperty" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_OtherAdjustmentsForFairValueGainsLossesOnProperty" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="OtherAdjustmentsForFairValueGainsLossesOnProperty_label_labelfr" xml:lang="fr">Variation des autres profits et pertes de réévaluation</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherAdjustmentsForFairValueGainsLossesOnProperty" xlink:to="OtherAdjustmentsForFairValueGainsLossesOnProperty_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="RetainedEarningsProfitLossForReportingPeriod" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_RetainedEarningsProfitLossForReportingPeriod" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="RetainedEarningsProfitLossForReportingPeriod_label_labelfr" xml:lang="fr">Résultat de la période</link:label>
    <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsProfitLossForReportingPeriod" xlink:to="RetainedEarningsProfitLossForReportingPeriod_label_labelfr" xlink:type="arc" />
    <link:loc xlink:type="locator" xlink:label="GainsLossesOnFairValueAdjustmentInvestmentPropertyAndDisposalsOfAssets" xlink:href="CROSSWOOD-2021-12-31.xsd#crosswood_GainsLossesOnFairValueAdjustmentInvestmentPropertyAndDisposalsOfAssets" />
    <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="GainsLossesOnFairValueAdjustmentInvestmentPropertyAndDisposalsOfAssets_label_labelfr" xml:lang="fr">Variation de la juste valeur des immeubles de placement et résultat net de cession</link:label>
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