Credit: Stoneweg European Stapled Trust (SERT) website
Stoneweg Europe Stapled Trust (SERT) is a stapled trust comprising Stoneweg European REIT and Stoneweg European Business Trust. SERT is a growing European logistics, office and data centre real estate player.
Today, it invests in income-producing properties across Europe, strategically focused in office, logistics and data centre sectors, while selectively pursuing value-added redevelopment opportunities to enhance portfolio quality and earnings resilience. SERT is listed on SGX [SET (Euro €) and SEB (SGD $)].
In this article, I will discuss why I believe SERT is a turnaround story with growth potential while yielding ~8.6% for investors. This is also part of my strategy mentioned in my previous blog post on how to raise my overall dividend yield beyond 6.5%, see: Continued... STI ATH (All Time High)! 3 local banks chiong chiong chiong? How? What next for Sporean investors?
1) Strong sponsor aligned with unitholders
For those unfamiliar with SERT, it was the former Cromwell European REIT (CEREIT) which
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