Stoneweg Europe Stapled Trust
Stoneweg Europe Stapled Trust sells French warehouse asset Parc de Meslay for 5.7 million euros
CEO of the managers says the divestment is part of the trust’s ongoing portfolio optimisation initiatives
Sert invests 50 million euros in data centre development fund AiOnX
The investment is done via a mandatory convertible loan, carrying a 7.25% annual cash coupon
Sert buys logistics property in the Netherlands for 35 million euros
It is the stapled group’s first property acquisition since 2022
Stoneweg Europe Stapled Trust H2 DPS dips 3.1% to 0.06837 euro
Net property income rises 2.7% to 67.4 million euros
Analysts name this SGX-listed Reit as their 2026 pick on attractive yield, rate cut tailwinds
Phillip Securities and RHB have given the counter a ‘buy’ rating
Stoneweg Europe Stapled Trust divests office asset in Italy for 34 million euros
Following the divestment, the trust’s exposure to Italy will fall from 18% to 17%
Stoneweg Europe Stapled Trust refinances, extends 85 million euro facility agreement
This strengthens Sert’s debt maturity profile and liquidity position
Stoneweg Europe Stapled Trust divests Slovakia portfolio for 70 million euros
This comes as it focuses on Western European markets with ‘deeper liquidity and stronger tenant demand’
Stoneweg Europe Stapled Trust 9M distributable income falls 4.6% to 57.6 million euros
Net property income for the period rises 3% to 102.9 million euros
Sert issues 300 million euros in green notes due 2033 at 4.125% coupon rate
Net proceeds will be used to refinance existing borrowings due to mature in 2026 and 2027