News about Stoneweg Europe Stapled Trust —
Stoneweg Europe Stapled Trust sells French warehouse asset Parc de Meslay for 5.7 million euros
The managers of Stoneweg Europe Stapled Trust (Sert) on Thursday (Jun 4) said that it has entered into a binding agreement for the divestment of Parc de Meslay in France for 5.7 million euros (S$8.5 million)....read more on The Business Times
The divestment will be done through Parc Logistique, an indirect and wholly owned subsidiary of Stoneweg European Real Estate Investment Trust. The asset will be sold to France Plateformes, a subsidiary of the incumbent of the tenant’s group.