Stoneweg European Stapled TrustSGX: SEB

SEB: Logistics-focused REIT with strong balance sheet, stable income, and positive growth outlook

· Issued by Stoneweg European Stapled Trust

Transition to Stoneweg as sponsor enabled a strategic shift to logistics and light industrial assets, now over 55% of the portfolio. FY24 DPU fell 10% year-over-year due to asset sales and higher interest costs, but the balance sheet is strong, with ample liquidity and a positive outlook for growth and value creation.

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