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The latest update is out from Stoneweg European Real Estate Investment Trust ( (SG:SET) ).
Fitch Ratings has upgraded Stoneweg European Real Estate Investment Trust’s (SEREIT) Long-Term Issuer Default Rating to ‘BBB’ from ‘BBB-‘, with a Stable Outlook. This upgrade reflects SEREIT’s successful portfolio rejuvenation strategy, which includes disciplined asset recycling and targeted redevelopments, such as the €60 million Haagse Poort upgrade. The company’s prudent financial management is expected to maintain EBITDA net leverage around 7.5x, supporting its investment-grade rating and liquidity preservation.
The most recent analyst rating on (SG:SET) stock is a Buy with a EUR1.90 price target. To see the full list of analyst forecasts on Stoneweg European Real Estate Investment Trust stock, see the SG:SET Stock Forecast page.
More about Stoneweg European Real Estate Investment Trust
Stoneweg European Real Estate Investment Trust (SEREIT) is a Singapore-listed entity focused on real estate investment across Europe. The company engages in active portfolio management, including asset recycling and redevelopment, to enhance portfolio quality and drive cash flow growth.
Average Trading Volume: 322,000
Technical Sentiment Signal: Buy
Current Market Cap: €841.2M
Find detailed analytics on SET stock on TipRanks’ Stock Analysis page.