“It also recognises the proactive measures that our team has undertaken to safeguard the portfolio quality and performance, including but not limited to pivoting to logistics, divesting noncore assets as well executing responsible capital management strategies,” he adds.
S&P Global Ratings has assigned an investment grade “BBB-“ long-term issuer credit rating with “stable outlook” to Stoneweg European REIT (SERT).
“S&P Global Ratings’ ‘stable outlook’ reflects SERT's sound portfolio quality and good cash flow visibility over the next 12-24 months,” says Simon Garing, CEO of the manager.
