Stoneweg Europe Stapled Trust Company Description
Stoneweg Europe Stapled Trust (SERT) is a stapled group comprising Stoneweg European Real Estate Investment Trust and Stoneweg European Business Trust.
SERT is a growth-ready European logistics and data center platform with resilient income and a clear path to long-term value creation, backed by a well-aligned sponsor ecosystem.
SERT aims to provide sustainable distributions through active asset management and a disciplined approach to portfolio construction.
SERT has a principal mandate to invest, directly or indirectly, in income-producing commercial real estate assets across Europe.
SERT is strategically focused on its highest conviction sectors - logistics and data centers - while selectively pursuing value-add redevelopment opportunities to enhance portfolio quality and earnings resilience.
At present, SERT has over 90% exposure to Western Europe and more than 60% exposure to the logistics, light industrial and data center sectors, with a medium-term goal of increasing its exposure to these sectors to a vast majority weighting.
SERT’s portfolio is valued at approximately 2.2 billion euros. It comprises over 90 predominantly freehold properties located in or near major gateway cities in the Netherlands, Italy, France, Poland, Germany, Finland, Denmark, the Czech Republic and the United Kingdom.
The portfolio spans approximately 1.6 million sqm of lettable area and serves more than 700 tenant-customers, providing a diversified income base that supports sustainable distributions.
SERT is an early investor in AiOnX, the sponsor’s European hyperscale data center development fund with an estimated 30 billion euros gross development value pipeline.
In addition to its 50 euros million 6.6% equity stake investment, SERT has recently invested an additional 50 euros million via a mandatory convertible loan, reinforcing its exposure through a structured position that delivers defensive income with long-term growth upside.
SERT is listed on the Singapore Exchange Limited and SEB (SGD)) and is managed by Stoneweg EREIT Management Pte. Ltd. and Stoneweg EBT Management Pte. Ltd. (collectively the Manager).
SERT’s sponsor is SWI Group (SWICH, listed on the Amsterdam Euronext Stock Exchange), comprising Stoneweg, Icona Capital, its subsidiaries and associates.
SWI Group holds a substantial 28% stake in SERT’s stapled securities and wholly owns the Manager and Property Manager.
| Country | Singapore |
| Founded | 2017 |
| Industry | REIT - Diversified |
| Sector | Real Estate |
| CEO | Simon Garing |
Contact Details
Address: 50 Collyer Quay Singapore, 049321 Singapore | |
| Phone | 65 6920 7539 |
| Website | Visit Website |
Stock Details
| Ticker Symbol | CWBU |
| Exchange | Singapore Exchange |
| Fiscal Year | January - December |
| Reporting Currency | EUR |
| ISIN Number | SGXC37098255 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Simon Garing | Chief Executive Officer |
| Hui Chen Tay | Chief Financial Officer |
| Elena Arabadjieva | Head of Investor Relations |