Stocks to watch: Stoneweg Trust, Acrophyte Hospitality Trust, OUE Healthcare
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On March 16, Stoneweg Europe Stapled Trust (Sert) acquired a logistics property in the Netherlands for €35 million, marking its first acquisition since 2022. The purchase was at an 8% discount to valuation. Sert's stapled securities fell 1.3% to €1.56. Meanwhile, Acrophyte Hospitality Trust (AHT) announced the termination of its sale of Hyatt Place Memphis, refunding a $100,000 deposit. AHT's stapled securities dropped 2% to $0.24 before the announcement.
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