Stoneweg European REIT’s latest, yeah? So, here’s what’s happening. Distributable income is kinda stumbling a bit in 1Q 2025, down by 4% from last year’s 1Q. Even though the business made more money from places like logistics spots and office buildings, the darn interest costs just ate away at it. Result? The payout per unit dipped to €3.374 cents, down 3.7% compared to last year. Source? Straight from the company, man.
Now, let’s talk property incomes. They actually climbed up to €33.5 million, a nice 2.4% jump from 1Q 2024. This boost is mostly ’cause of some spots like Nervesa21 and Thorn Lighting bringing in more dough, plus a few tenants finally paid up their old debts. They had to kick out some stuff like Maxima, so that might be a whole different discussion. Anyway, it’s a bit of a mixed bag, really.
