Stoneweg Europe Stapled Trust - DBS Research 2026-04-28: Redeployment Of Capital Will Be Key To Earnings Growth

• Stoneweg Europe Stapled Trust delivered a steady 1QFY26, with indicative DPS rising 1.5% y-o-y to EUR3.423 cents, despite gross revenue and NPI both declining by 1.2% - 1.3% y-o-y to EUR52.9mil and EUR33.1mil.
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Distributable income broadly stable

• Distributable income was broadly stable at EUR19.0mil, up 0.4% y-o-y, with DPS supported by security buybacks reducing the number of securities in issue. Leasing momentum remained constructive, with portfolio rent reversion of +3.9% and logistics/light industrial rent reversion of +7.6%.
• - Read this at SGinvestors.io -
• Net gearing remains elevated at 42.7%, but the manager continues to recycle non-core assets into logistics, data centres and accretive developments.

Our view.

SERT is increasingly shifting from a pure European real estate income story to a logistics-led platform with a visible data centre option.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2026-02-26 Stoneweg Europe Stapled Trust - Turnaround In Performance Picking Up Pace In 3qfy25.

Price targets by 3 other brokers at Stoneweg Europe Stapled Trust Target Prices.

Listing of research reports at Stoneweg Europe Stapled Trust Analyst Reports.

Relevant links:
Stoneweg Europe Stapled Trust Share Price History,
Stoneweg Europe Stapled Trust Announcements,
Stoneweg Europe Stapled Trust Dividend Payout Dates & Corporate Actions,
Stoneweg Europe Stapled Trust News