cromwell e-reit
Stoneweg Europe Stapled Trust sets sights on Spain and Switzerland to grow unit price
Its managers are bullish on the logistics and light industrial sector as e-commerce, onshoring and fatter defence budgets could swell demand for warehouses
Stoneweg Europe Stapled Trust divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital purposes of the trust
Stoneweg Europe Stapled Trust’s portfolio value rises 1.1% in H1 2025
This is due to positive economic and market factors such as inflation and easing monetary policy
Stoneweg E-Reit announces strategic stapling to form stapled trust
On completion of the proposed stapling, the stapled entity will be named ‘Stoneweg Europe Stapled Trust’ or Sert for short
Stoneweg European Reit Q1 DPU falls 3.7% to 3.374 euro cents
Net property income for the period inches up 2.4% to 33.5 million euros
Data centres a possibility for Stoneweg European Reit under new sponsor
SWI Group “fully supports” the Reit’s strategy to rebalance its portfolio to focus more on industrial properties and high-quality offices
Stoneweg European Reit H2 DPU sinks 10.7% to 7.056 euro cents
Net property income for the period edges down 0.2% at 65.6 million euros
Stoneweg E-Reit prices 500 million euro green notes due 2031 at 4.25%
The notes have been assigned a rating of ‘BBB-’ by Fitch Ratings and S&P Global Ratings
Cromwell E-Reit to rename and rebrand, following completion of 280 million euro manager buyout
It will be called Stoneweg European Reit from Jan 2, 2025
Cromwell E-Reit divests 2 office assets in Italy for 20.9 million euros
This increases the Reit’s exposure to the logistics and light industrial sector
