Stoneweg Europe Stapled Trust Announces Disposal of Subsidiaries and Strategic Portfolio Update

Key Points from the Report

• Major Subsidiary Disposals: Stoneweg Europe Stapled Trust (SERT), a listed stapled group comprising Stoneweg European Real Estate Investment Trust and Stoneweg European Business Trust, has disposed of five wholly-owned subsidiaries for a total cash consideration exceeding EUR 18.8 million. The disposals occurred on 11 November 2025.
• Subsidiaries Disposed:
  • Kosice Industrial Park SK s.r.o. (EUR 186,822.44)
  • Nove Mesto ONE Industrial Park I SK s.r.o. (EUR 4,802,234.86)
  • Nove Mesto ONE Industrial Park II SK s.r.o. (EUR 2,706,282.07)
  • Nove Mesto ONE Industrial Park III SK s.r.o. (EUR 10,595,008.48)
  • Zilina Industrial Park SK s.r.o. (EUR 510,935.67)
• Additional Corporate Actions: Five subsidiaries were dissolved without liquidation on 3 October 2025, with all assets and liabilities transferred to Stoneweg EREIT Lux 4 S.à r.l. These include Stoneweg European Cities Income S.C.Sp., Stoneweg European Cities Income Fund General Partner S.à r.l., CECIF Lux Holdco 1, CECIF Lux Holdco 2, and CECIF Lux BidCo 1.
• Strategic Portfolio Focus: SERT remains focused on European logistics and data centres, with a portfolio currently valued at approximately €2.2 billion. The portfolio consists of over 90 predominantly freehold properties spanning 1.6 million sqm, serving more than 700 tenant-customers.
• Exposure & Growth Plans: SERT has close to 90% exposure to Western Europe and aims to increase its weighting in logistics, light industrial, and data centre sectors above 60% in the medium term.
• Data Centre Expansion: SERT is an early investor (6.7% stake) in AiOnX, the Sponsor’s data centre development platform, expected to drive long-term valuation and earnings upside.
• Strong Sponsor Support: SWI Group, listed on the Amsterdam Euronext Stock Exchange, holds a 28% stake in SERT and wholly owns the Manager and Property Manager. SWI Group operates globally with 26 offices across 17 countries.

Potential Price-Sensitive Information for Shareholders

• Significant Asset Disposals: The sale of five wholly-owned subsidiaries for EUR 18.8 million in cash could have a material impact on SERT’s financial position, liquidity, and future portfolio income. Investors should assess whether these disposals represent a strategic exit or portfolio rebalancing and the effect on SERT’s earnings and distributions.
• Portfolio Restructuring: The dissolution and transfer of assets and liabilities from five subsidiaries to Stoneweg EREIT Lux 4 S.à r.l. may indicate internal restructuring to streamline operations, possibly affecting tax, governance, and future asset management strategies.
• Strategic Sector Focus: SERT’s continued pivot towards logistics and data centre assets, and its exposure to AiOnX, signals a strategy to capture growth in European digital infrastructure. This could positively affect long-term share value if execution and market conditions are favorable.
• Sponsor Holding: The substantial 28% stake held by SWI Group aligns interests between the manager/sponsor and public shareholders, potentially stabilizing share price and providing confidence in execution and governance.

Detailed Summary for Investors

Stoneweg Europe Stapled Trust announced the disposal of five key subsidiaries in Slovakia, collectively valued at over EUR 18.8 million. This transaction, closed on 11 November 2025, includes industrial park assets that were wholly owned by SERT. The disposals are executed for cash consideration equal to the net asset value of each subsidiary, suggesting a portfolio rebalancing or strategic exit from selected markets.

Additionally, five Luxembourg-based subsidiaries were dissolved without liquidation, with their assets and liabilities transferred to Stoneweg EREIT Lux 4 S.à r.l. This move likely reflects a corporate restructuring aimed at optimizing operational and legal structure, possibly for efficiency or compliance purposes.

SERT’s portfolio remains robust, valued at €2.2 billion, and spans 1.6 million sqm across 90+ properties in Western Europe. With 60% exposure to logistics, light industrial, and data centres, SERT is well positioned to benefit from sectoral trends, especially given its early investment in AiOnX, a data centre development platform targeting AI and cloud-driven growth.

The Trust is managed by Stoneweg EREIT Management Pte. Ltd. and Stoneweg EBT Management Pte. Ltd., with SWI Group as its sponsor. SWI Group’s deep expertise and substantial holding reinforce SERT’s governance and strategic execution, while its global footprint aids deal origination and asset recycling.

These actions, particularly the asset disposals and strategic restructuring, are potentially price-sensitive, as they could influence SERT’s distribution, income profile, and future growth trajectory. Shareholders should monitor subsequent announcements for any updates on reinvestment strategies, distribution policies, or further asset recycling.

Disclaimer

This article is for informational purposes only and does not constitute an offer, invitation, or solicitation to buy or sell securities of Stoneweg Europe Stapled Trust or any other entity. The value of securities and income derived from them may rise or fall. Past performance is not indicative of future results. Investors are advised to conduct their own due diligence and consult a qualified financial advisor before making any investment decisions. Forward-looking statements herein are based on current management views and may involve risks and uncertainties.

View Stoneweg EUTrust EUR Historical chart here