SWEF: Investment Update (947033)

 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: Investment Update 
 
07-Jan-2020 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
                                                              7 January 2020 
 
 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, 
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Starwood European Real Estate Finance Limited: Investment Update 
 
  Starwood European Real Estate Finance Limited (the "Company" and, together 
with its subsidiaries, the "Group") is pleased to announce that on 2 January 
2020, the Group committed to an investment in a c. 6 year floating rate loan 
secured by a portfolio of assets in Ireland, together with Starwood Property 
 Trust, Inc (through a wholly owned subsidiary) participating in 50 per cent 
  of the mezzanine loan amount, providing the Group with a net commitment of 
      &euro35.15 million. The portfolio consists of 12 properties in Central 
           Dublin with primarily office and some small amounts of retail and 
 residential space totalling over 600,000 sqf in total. The Group expects to 
  earn an attractive risk-adjusted return in line with its stated investment 
                                                                   strategy. 
 
    Following this investment activity the Group remains fully invested with 
  approximately GBP27 million of net debt and commitments of approximately GBP75 
million. The Group's pipeline remains strong and well diversified by sector, 
                                              geography and investment type. 
 
                                    For further information, please contact: 
 
Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary - 
01481 735879 
 
                                                                 Dave Taylor 
 
                                            Starwood Capital - 020 7016 3655 
 
                                                           Duncan MacPherson 
 
                              Stifel Nicolaus Europe Limited - 020 7710 7600 
 
                                                             Mark Bloomfield 
 
                                                            Maarten Freeriks 
 
                                                                  Mark Young 
 
                                                                      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 [1]. 
 
    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. 
 
ISIN:          GG00B79WC100 
Category Code: PFU 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  38683 
EQS News ID:   947033 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=947033&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

January 07, 2020 02:00 ET (07:00 GMT)