The REIT, which just welcomed its new sponsor SWI Group last December, reported a net property income (NPI) of EUR33.5 million, up 2.4% y-o-y for the quarter.
Stoneweg European REIT (SERT), formerly known as Cromwell European REIT, has reported an income available for distribution to unitholders of EUR18.9 million ($28.21 million), down 4% y-o-y for the 1QFY2025 ended March 31.
This brings the REIT's indicative distribution per unit (DPU) to 3.374 Euro cents for the 1QFY2025, which is 0.3% q-o-q higher, but 3.7% y-o-y lower.
