NewTimeSpace News:On March 16, 2026, Singapore-listed Stoneweg Europe Stapled Trust (SERT) issued an announcement stating that it has successfully acquired the temperature-controlled logistics asset at Transportweg 23-25 in Waddinxveen, the Netherlands, from ASELI Waddinxveen B.V., with a transaction consideration of approximately€35 million (equivalent to S$51.7 million).

According to the announcement, the asset is a freehold property with a total net lettable area of 30,398 square meters, including 90% warehouse space and 10% office space. Equipped with advanced temperature-controlled facilities and solar panels, it holds an EPC rating of A+++++ for its ESG credentials. The asset is 100% leased to Combilo B.V., a well-established fresh-produce wholesaler in the Netherlands, with a remaining lease term of approximately eight years plus two five-year renewal options, boasting an annual net yield of 6.0%.

SERT's management stated that this acquisition will raise the Group's exposure to the Dutch market to 29.7% and its proportion of logistics and data centre-related assets to 60.5%. As a key step in the Group's capital recycling strategy, it will help optimize the portfolio structure and underpin long-term earnings growth.

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