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Stoneweg European REIT manager proposes to convert REIT to stapled trust

Felicia Tan
Felicia Tan • 3 min read
Stoneweg European REIT manager proposes to convert REIT to stapled trust
One of the REIT's properties in Bastion, The Netherlands. Photo: Stoneweg European REIT
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The manager of Stoneweg European REIT has proposed to convert the REIT into a stapled trust comprising a REIT and a business trust.

Each unit in the REIT would be stapled to a unit in Stoneweg European business trust (BT), also known as a stapled security, announced the manager on April 3.

The stapled group would be known as Stoneweg European Stapled Trust (SERT) thereafter.

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