These renewals increase SERT's portfolio occupancy and extend its weighted average lease expiry of its office portfolio by almost six months to 5.3 years.
The manager of Stoneweg European REIT (SERT) has announced the renewal of 27,000 square metres (sqm) of office leases across two office assets in the Netherlands and Poland, according to a filing dated Apr 24.
This comes just after the REIT welcomed its new sponsor, Stoneweg Icona Capital Platform (Stoneweg) in December. Stoneweg European REIT was previously known as Cromwell European REIT.
