ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

SWEF Starwood European Real Estate Finance Limited

91.40
0.20 (0.22%)
Last Updated: 13:50:19
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Starwood European Real Estate Finance Limited LSE:SWEF London Ordinary Share GG00BRC3R375 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.20 0.22% 91.40 91.40 93.00 93.00 91.40 91.40 14,081 13:50:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 39.02M 29.36M 0.0742 12.32 361.57M

Starwood European Real Estate Finan Investment Update (1320B)

14/06/2016 10:15am

UK Regulatory


Starwood European Real E... (LSE:SWEF)
Historical Stock Chart


From Apr 2019 to Apr 2024

Click Here for more Starwood European Real E... Charts.

TIDMSWEF

RNS Number : 1320B

Starwood European Real Estate Finan

14 June 2016

14 June 2016

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, TO U.S. PERSONS OR IN, INTO OR FROM THE UNITED STATES, AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN, NEW ZEALAND OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

Starwood European Real Estate Finance Limited: Investment Update

Starwood European Real Estate Finance Limited (the "Company") announces that it has committed to a EUR31.2 million five year floating whole loan (the "Loan") to support the acquisition of a portfolio of fully let prime logistics assets in Dublin. The Loan has an initial drawdown of EUR17.6 million with the remaining EUR13.6m to be advanced in conjunction with the deferred completion on certain assets. Much of the portfolio is let on a long term basis to a strong covenant which uses the assets as its national headquarters. Such an investment is not only attractive on its own merits but also further delivers sector diversity to the overall portfolio of the Company.

The Company remains substantially fully invested.

For further information, please contact:

Peter Denton - Starwood Capital - 020 7016 3664

Robert Peel - Fidante Capital - 020 7832 0900

Notes:

Starwood European Real Estate Finance Limited is an investment company listed on the main market of the London Stock Exchange with an investment objective to provide Shareholders with regular dividends and an attractive total return while limiting downside risk, through the origination, execution, acquisition and servicing of a diversified portfolio of real estate debt investments in the UK and the wider European Union's internal market. www.starwoodeuropeanfinance.com.

The Group is the largest London-listed vehicle to provide investors with pure play exposure to real estate lending.

The Group's assets are managed by Starwood European Finance Partners Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCKZLBFQQFFBBL

(END) Dow Jones Newswires

June 14, 2016 05:15 ET (09:15 GMT)

1 Year Starwood European Real E... Chart

1 Year Starwood European Real E... Chart

1 Month Starwood European Real E... Chart

1 Month Starwood European Real E... Chart

Your Recent History

Delayed Upgrade Clock