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Stoneweg European REIT Transitions to Stapled Trust Structure

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Stoneweg European REIT Transitions to Stapled Trust Structure

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

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Stoneweg European Real Estate Investment Trust, managed by Stoneweg EREIT Management Pte. Ltd., is undergoing a significant structural change. The company announced the listing of its Stapled Securities on the SGX-ST, replacing the Stoneweg European REIT Units, which will be delisted. This move is part of the proposed conversion into a stapled trust, comprising a REIT and a business trust, allowing for seamless trading under the new Stoneweg Europe Stapled Trust counters.

The most recent analyst rating on (SG:CWBU) 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:CWBU Stock Forecast page.

More about Stoneweg European Real Estate Investment Trust

Average Trading Volume: 416,372

Technical Sentiment Signal: Buy

Current Market Cap: €880.6M

See more data about CWBU stock on TipRanks’ Stock Analysis page.

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