Stoneweg Europe Stapled Trust posts higher income on leasing gains despite lower payout

Stoneweg Europe Stapled Trust (SERT) has reported a 4.9% like-for-like net property income growth and an 11.9% positive rent reversion for the first half of 2025.

This has lifted its net asset value by 3.5% to EUR2.05 per stapled security.

Gross revenue for the six months to 30 June 2025 rose 1.1% year-on-year to EUR107.4 million, while net property income increased 2.2% to EUR66.9 million.