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SGX:SET

3 stories mentioning SGX:SETUpdated 19d ago

Every FINWIRES story that references SGX:SET, newest first.

Asia

Stoneweg Europe Stapled Trust to Divest French Cold Warehouse Asset for EUR6 Million

Stoneweg Europe Stapled Trust (SGX:SET) signed a binding agreement for the divestment of Parc de Meslay in Parcay-Meslay, France, for 5.7 million euros, according to a Wednesday filing with the Singapore Exchange.The asset is being sold to a current tenant named Immostef, the filing added.The divestment is subject to clearance of pre-emption rights, which expire in September, with completion slated for October.The property is a cold warehouse, spanning 5,613 square meters, and is fully leased to Immostef.

SGX:SET
Asia

Stoneweg Europe Stapled Trust Completes Sale of Polish Office Asset for EUR23 Million

Stoneweg Europe Stapled Trust (SGX:SET) completed the divestment of a Polish office asset named Riverside Park for 22.5 million euros, according to a Thursday filing with the Singapore Exchange.The divestment is part of the trust's strategy to recycle capital, with proceeds to be used to invest in logistics and data centers.

SGX:SET
Asia

Stoneweg Europe Stapled Trust's DPS Up 1.5% in Q1

Stoneweg Europe Stapled Trust's (SGX:SET) indicative distribution per stapled security, or DPS, was up 1.5% in Q1 to 0.03423 euros from 0.03374 euros a year earlier, according to a Tuesday filing with the Singapore Exchange.Distributable income edged up 0.4% to 19.0 million euros from 18.9 million euros.Net property income fell 1.3% to 33.1 million euros compared with 33.5 million euros a year earlier.Gross revenue declined 1.3% year over year to 52.9 million euros from 53.6 million euros.Portfolio committed occupancy came in at 92.8%, backed by positive rental reversion of 3.9%.

SGX:SET

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