Distribution per stapled security (DPS) grew by 1.5% year-on-year

Source: Company data 1Q 2026 gross revenue declined 1.3% year-on-year, mainly due to divestments of non-core assets in 2025.  As of end-March 2026, Stoneweg Europe Stapled Trust has completed the recycling into core assets.  Specifically, they sold lower-yielding Polish office and invested in higher-yielding logistics and data centres.  Net property margin was 62.5% in 1Q 2026, unchanged from 1Q 2025.  The operation remains resilient amid the current US-Iran conflict-driven  energy price hikes.  As the leases are on triple-net basis, the tenants bear the utility costs. The portion of utility cost borne by Stoneweg Europe Stapled Trust accounts for less than 0.5% of operating expenses.    Distributable income increased by 0.4% year-on-year, to €18.99 million while DPS rose to Euro cents 3.423, an increase by 1.5% year-on-year.  This reflects the impact of securities buybacks.    Source: Company data On a like-for-like basis,...