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Stoneweg EREIT Issues Stapled Securities for Acquisition Fee

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Stoneweg EREIT Issues Stapled Securities for Acquisition Fee

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Stoneweg European Real Estate Investment Trust ( (SG:SET) ) just unveiled an announcement.

Stoneweg European Real Estate Investment Trust announced the issuance of 326,797 stapled securities to the Trustee-Manager as payment for the acquisition fee related to its investment in AiOnX. This transaction reflects the company’s strategic investment activities and its ongoing efforts to manage and expand its European real estate portfolio.

The most recent analyst rating on (SG:SET) stock is a Hold with a EUR1.50 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 operates within the real estate investment sector, focusing on managing and investing in real estate assets. It is managed by Stoneweg EREIT Management Pte. Ltd. and Stoneweg EBT Management Pte. Ltd., with a market focus on European properties.

Average Trading Volume: 445,575

Technical Sentiment Signal: Buy

Current Market Cap: €871.5M

For a thorough assessment of SET stock, go to TipRanks’ Stock Analysis page.

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