Stoneweg Europe Stapled Trust Unlikely to Be Hit Much by Rising Energy Costs -- Market Talk

Dow Jones
Apr 16

0550 GMT - Stoneweg Europe Stapled Trust is likely to face minimal impact from rising energy costs and a hawkish interest-rate outlook, RHB Research's Vijay Natarajan says in a research report. Around 90% of the trust's tenants are large multinational corporations and government and semi-government agencies that are less affected by higher energy prices, the analyst says. In terms of operational costs, utility costs are pass-through for tenant spaces, and utility costs for common areas and vacant spaces account for under 5% of the trust's total revenue. Also, roughly 94% of the trust's debt costs are hedged until October 2027, providing interest-cost stability. RHB Research has a buy rating and target price of 1.95 euros on the units, which are unchanged at 1.50 euros. (ronnie.harui@wsj.com)

 

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April 16, 2026 01:50 ET (05:50 GMT)

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