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Stoneweg Europe Stapled Trust: Divests Polish Office Asset For S$33.6 Million.

24 Mar 2026 10:48

Stoneweg Europe Stapled Trust has entered into a binding agreement for the divestment of Riverside Park in Warsaw, Poland for a consideration of EUR22.5 million, approximately S$33.6 million. The divestment completion is subject to the Capital City of Warsaw's pre-emption rights, which expire in April 2025, and other customary completion conditions expected to be fulfilled in 2Q 2026. As at 31 December 2025, the property was independently valued at EUR21.4 million by Savills...

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Source: ShareInvestor Express