Summary: Stoneweg European REIT’s manager proposed converting the REIT into a stapled trust, Stoneweg European Stapled Trust (SERT), comprising a REIT and a business trust. The stapled structure aims to provide a future-proof corporate structure with optimal tax efficiency, lower reliance on passive rental income, and greater flexibility in implementing the investment mandate. The proposed stapling will be discussed at an extraordinary general meeting on April 29th.

Link: https://www.theedgesingapore.com/news/reits/stoneweg-european-reit-manager-proposes-convert-reit-stapled-trust