Data centres a possibility for Stoneweg European Reit under new sponsor
SWI Group “fully supports” the Reit’s strategy to rebalance its portfolio to focus more on industrial properties and high-quality offices
Add BT as a preferred source
[SINGAPORE] Stoneweg European real estate investment trust (Sert) , which has traditionally had assets in European office and logistics, could explore opportunities in the data centre sector, in line with the expertise of its new sponsor.
Formerly known as Cromwell European Reit, the pure-play European Reit welcomed its new sponsor, SWI Group last December.
Based in Geneva, Switzerland, SWI Group is a partnership between real estate investment group Stoneweg and alternative investment group Icona Capital. The latter conducts private equity transactions and has real estate transactions, including in European data centres.
TRENDING NOW
Asia-Pacific aviation: is up really the only way?
Russia’s ‘pivot to Asia’ takes a turn as it prioritises ties with isolated regimes over bigger economies
Why disciplined stewardship matters when managing wealth in uncertain markets
More than 15,000 sign up for national accounting body’s AI programme in two months
