Go offline with the Player FM app!
Under the Radar: How has Stoneweg Europe Stapled Trust’s strategy evolved through its stapled structure and what is the outlook of the European office and logistics property market? Its CEO tells us more.
Manage episode 505137147 series 2467889
It’s back to the real estate sector today as we speak to an SGX-listed REIT focused on commercial properties in Europe.
Founded in 2017, Stoneweg Europe Stapled Trust is a stapled group that comprises Stoneweg E-REIT and Stoneweg European Business Trust.
You might better know the REIT by its old name Cromwell European REIT before it was bought over by alternative investment group Icona Capital and real estate investment group Stoneweg for 280 million euros or S$395.5 million just a couple of months ago.
Cromwell European REIT was renamed as Stoneweg European Reit at the start of 2025, and later converted into a stapled group in June 2025.
Today, the stapled trust has a principal mandate to invest be it directly or indirectly in income-producing commercial real estate assets across Europe.
In particular, the trust needs to maintain a minimum portfolio weighting of at least 75% to Western Europe and at least 75% to the light industrial or logistics and office sectors.
On top of that, the trust also takes on asset enhancement and redevelopment projects for existing office assets, with a focus on strong ESG credentials in prime and core locations within key European gateway cities.
On the whole, its portfolio value stands at around 2.2 billion euros, with over 100 predominantly freehold properties across major cities in key markets such as The Netherlands, Italy, France, Poland, Germany, Finland, Denmark and the UK.
The total lettable area comes in at around 1.7 million square metres and its client base – over 800 tenant customers.
Now, why are we speaking to Stoneweg Europe Stapled Trust you might ask? Well, we want to find out how the firm assessed its financial performance for the first half of 2025, as well as how its strategy has evolved through its stapled structure.
But on top of that we also wanted to find out more about the outlook of the European office and logistics property market amid macroeconomic headwinds arising from US tariffs.
On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Simon Garing, CEO and Executive Director, Stoneweg Europe Stapled Trust.
See omnystudio.com/listener for privacy information.
4973 episodes
Manage episode 505137147 series 2467889
It’s back to the real estate sector today as we speak to an SGX-listed REIT focused on commercial properties in Europe.
Founded in 2017, Stoneweg Europe Stapled Trust is a stapled group that comprises Stoneweg E-REIT and Stoneweg European Business Trust.
You might better know the REIT by its old name Cromwell European REIT before it was bought over by alternative investment group Icona Capital and real estate investment group Stoneweg for 280 million euros or S$395.5 million just a couple of months ago.
Cromwell European REIT was renamed as Stoneweg European Reit at the start of 2025, and later converted into a stapled group in June 2025.
Today, the stapled trust has a principal mandate to invest be it directly or indirectly in income-producing commercial real estate assets across Europe.
In particular, the trust needs to maintain a minimum portfolio weighting of at least 75% to Western Europe and at least 75% to the light industrial or logistics and office sectors.
On top of that, the trust also takes on asset enhancement and redevelopment projects for existing office assets, with a focus on strong ESG credentials in prime and core locations within key European gateway cities.
On the whole, its portfolio value stands at around 2.2 billion euros, with over 100 predominantly freehold properties across major cities in key markets such as The Netherlands, Italy, France, Poland, Germany, Finland, Denmark and the UK.
The total lettable area comes in at around 1.7 million square metres and its client base – over 800 tenant customers.
Now, why are we speaking to Stoneweg Europe Stapled Trust you might ask? Well, we want to find out how the firm assessed its financial performance for the first half of 2025, as well as how its strategy has evolved through its stapled structure.
But on top of that we also wanted to find out more about the outlook of the European office and logistics property market amid macroeconomic headwinds arising from US tariffs.
On Under the Radar, Money Matters’ finance presenter Chua Tian Tian posed these questions to Simon Garing, CEO and Executive Director, Stoneweg Europe Stapled Trust.
See omnystudio.com/listener for privacy information.
4973 episodes
Alla avsnitt
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.