Gross revenue increased by 0.5%.
Stoneweg European Real Estate Investment Trust’s (SERT) net property income grew by 2.4% year-on-year (YoY) to $49.9m (€33.5m) for the first quarter of 2025.
Gross revenue stood at $79.8m (€53.5m), up 0.5%.
SERT’s distribution per unit declined by 3.7% YoY, attributed to higher interest costs.
($1 = €0.67)
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