1H26 distribution per stapled security (DPS) up 1.4% year-on-year
Source: Stoneweg Europe Stapled Trust 1H26 results 1H26 gross revenue and net property income declined 2.2% and 2.3% year-on-year, respectively. Gross revenue and NPI declined primarily due to asset divestments, partially offset by income growth from the Logistics / Light Industrial sector, new acquisitions and contributions from AiOnX investments. In 2025, Stoneweg Europe Stapled Trust (SERT) divested the Slovak portfolio in 4Q2025 and various office assets including Maxima and Cassiopea 1-2-3 in Italy, and Arkonska Business Park in Poland in 2H 2025. In 1H26, SERT divested Riverside Park in Warsaw, Poland for €22.5 million, representing 5.1% above the independent valuation. Due to the asset divestment, 1H26 net property income (NPI) fell 2.3% year-on-year. On a like-for-like basis, excluding the impact of the divestments and acquisition completed in 2025 and 1H26, NPI grew 1.3% year-on-year. Logistics and light industrial remained the…
