Shares & Derivatives
Stoneweg European REIT’s 2H FY24 Result Review
By REIT-TIREMENT  •  March 9, 2025

Basic Profile & Key Statistics

Key Indicators

Performance Highlight

Despite a slight YoY decline in gross revenue, NPI remained stable. However, income available for distribution and DPU saw a significant drop, primarily due to lower interest income and higher tax expenses.

Rental Reversion

Rental reversion for 2H 2024 and FY 2024 came in at 1.3% and 2.8%, respectively.

Asset Enhancement Initiative and Development

Two AEIs/developments are committed for Nove Mesto One Industrial Park 1 and Durham, focusing on space expansion and solar panel installation. Additionally, two projects are in the planning stage for Haagse Poort and Parc des Docks, Saint Ouen. Meanwhile, Via Dell’Industria 18 and Billstedt are under redevelopment, and Maxima is undergoing strip-out works.
Related Parties Shareholding
REIT Sponsor's Shareholding: ModerateREIT Manager's Shareholding: Less FavorableDirectors of REIT Manager's Shareholding: Favorable
Lease Profile
 ...
Read the full article
By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published. Required fields are marked *

*

Your Email Address will not be published
*

Read More Articles
More from thefinance