Stoneweg Europe Stapled Trust FY 2025 distributable income EUR 74.8 million (-5.7%)

Reuters07:07
Stoneweg Europe Stapled Trust FY 2025 distributable income EUR 74.8 million (-5.7%)

SERT reported FY 2025 gross revenue of EUR 214.6 million (+0.8%) and net property income of EUR 134.4 million (+2.5%), while distributable income fell to EUR 74.8 million (-5.7%). FY 2025 distribution per stapled security was 13.390 euro cents (-5.1%); 2H 2025 DPS was 6.837 euro cents (+4.3%) with the distribution payable on 31 March 2026 and cum-entitlement trading ending 3 March 2026. SERT said it had no debt maturities until 2030, with a weighted average cost of debt of 3.86%, net gearing of 38.0% and EUR 325 million of cash and committed undrawn facilities. Portfolio occupancy was 92.6% as at 31 December 2025, with a portfolio WALE of about 5 years; FY 2025 rent reversion was 9.8%. SERT’s property valuations rose to EUR 2.16 billion (+1.0%) as at 31 December 2025, and it reported a 41.1% (EUR 20.5 million) uplift from its investment in the AiOnX data-centre development platform in FY 2025. The board expects FY 2026 DPS to be broadly in line with FY 2025 and said it is evaluating over EUR 70 million of near-term acquisitions alongside a potential divestment pipeline of a similar amount for FY 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stoneweg Europe Stapled Trust published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: SZQP3DMRVF565W31) on February 24, 2026, and is solely responsible for the information contained therein.

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