新闻
Stoneweg Europe Stapled Trust: Acquires A High-Quality Freehold Temperature-Controlled Logistics Asset In The Netherlands For EUR35 Million.
16 Mar 2026 11:31Acquisition of a modern freehold temperature-controlled logistics facility in Waddinxveen, The Netherlands, for approximately EUR35.0 million (S$51.7 million). Asset secured at compelling price: ~8.0% below the independent valuation and ~37.0% below estimated reinstatement cost. Asset delivers a 6.0% NOI yield under a c. eight-year triple-net lease to a long-established single tenant-customer with two five-year extension options, providing immediate income visibility and resilience. Funded primarily from SERT's existing cash resources, including proceeds from the Maxima Rome divestment, with SERT holding ~EUR110.0 million in cash and cash equivalents as at 31 December 2025, and expected to be accretive to distributions...
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Source: ShareInvestor Express
