The growth was mainly attributed to higher income from redevelopments, growth in the logistics/light industrial and other sectors, and lower doubtful debt expense.
Stoneweg Europe Stapled Trust (SGX:SET
) (SERT) has reported a distribution per stapled security (DPS) of 13.39 Euro cents for FY2025 ended Dec 31, 5.1% lower y-o-y.
Gross revenue for FY2025 was up by 0.8% y-o-y to EUR214.6 million while net property income (NPI) rose 2.5% y-o-y to EUR134.4 million.
