The manager of Stoneweg European Real Estate Investment Trust (Stoneweg E-Reit) on Wednesday (Jun 4) announced that the Reit will be converted into a stapled group.

Each unit of Stoneweg E-Reit will be stapled to a unit in Stoneweg European Business Trust. It will then form a stapled security in an entity known as Stoneweg Europe Stapled Trust, following the approval of unitholders at a general meeting held on Apr 29.