Stoneweg EREIT (SGX:CWBU), formerly Cromwell EREIT, reported a 0.3%, or 6.9 million-euro, increase in the total valuation of its 105 properties to 2.24 billion euros in the second half of 2024, according to a filing with the Singapore Exchange on Wednesday.

The slight increase came as conditions improved in Europe, backed by rental growth, lower interest rates and better financing conditions, the company said.

SERT's logistics portfolio is now 6% with a 95% occupancy and a weighted average lease expiry (WALE) of 4.9 years.

Price (SGD): S$1.58, Change: S$+0.020, Percent Change: +1.28%