Floating Button
Home News REITs

Stoneweg Europe Stapled Trust divested office in Poland for €22.5 mil

The Edge Singapore
The Edge Singapore • 1 min read
Stoneweg Europe Stapled Trust divested office in Poland for €22.5 mil
"The divestment of Riverside Park forms part of SERT’s ongoing portfolio optimisation initiatives, consistent with our previously communicated strategy," says Simon Garing, CEO of the manager. / Photo: SERT
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

Stoneweg Europe Stapled Trust has divested an office in Warsaw for €22.5 million, or around $33.6 million, at a slight premium to its most recent valuation of €21.4 million.

Riverside Park is described as a multi-tenant office asset completed in 2005 with approximately 12,631 sqm of net lettable area. With this divestment, SERT's Polish exposure will be reduced to 6%, with three A-grade assets remaining, including Motorola’s Innovation hub.

Logistics, light industrial and data centres in its portfolio will increase to 60%, and Western Europe and the Nordics now represent over 90% of the portfolio.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.