On a like-for-like basis, NPI increased 2.3% y-o-y, driven by the resilient sector such as logistics and light industrial.
Stoneweg European Stapled Trust (SERT) (SGX:SET
) has reported an indicative distribution per stapled security of 3.423 Euro cents for 1QFY2026 ended March 31, 2026, 1.5% higher y-o-y.
Both gross revenue and net property income (NPI) were down 1.3% y-o-y to EUR52.8 million and EUR33.1 million respectively. The lower figures were due to the impact of asset divestments completed in FY2025.
