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Stoneweg European REIT Prices EUR 300 Million Green Notes Amid Strong Demand

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Stoneweg European REIT Prices EUR 300 Million Green Notes Amid Strong Demand

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An announcement from Stoneweg European Real Estate Investment Trust ( (SG:SET) ) is now available.

Stoneweg European Real Estate Investment Trust has successfully priced EUR 300 million in Green Notes due 2033, under its EUR 1.5 billion Euro Medium Term Note Programme. The issuance, which marks the company’s second green bond this year, was met with strong demand, being oversubscribed by more than three times, indicating robust investor confidence and enhancing its market positioning.

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 operates in the real estate investment sector, focusing on managing and investing in properties across Europe. It is managed by Stoneweg EREIT Management Pte. Ltd. and Stoneweg EBT Management Pte. Ltd., and is structured as a stapled group comprising a real estate investment trust and a business trust.

Average Trading Volume: 381,426

Technical Sentiment Signal: Buy

Current Market Cap: €839.7M

For an in-depth examination of SET stock, go to TipRanks’ Overview page.

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