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SWEF Starwood European Real Estate Finance Limited

90.00
-0.20 (-0.22%)
Last Updated: 09:06:54
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 GG00BPLZ2K28 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  -0.20 -0.22% 90.00 4,298 09:06:54
Bid Price Offer Price High Price Low Price Open Price
90.00 91.80 90.00 90.00 90.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 34.96M 25.25M 0.0858 10.49 265.45M
Last Trade Time Trade Type Trade Size Trade Price Currency
09:06:54 AT 17 90.00 GBX

Starwood European Real E... (SWEF) Latest News

Starwood European Real E... News

Date Time Source Headline
20/11/202407:00EQSSWEF: October 2024 NAV
29/10/202407:02EQSSWEF: Portfolio Update
29/10/202407:01EQSSWEF: Dividend Declaration
29/10/202407:00EQSSWEF: September 2024 NAV
21/10/202406:00EQSSWEF: Update on Office Portfolio, Ireland
19/9/202406:00EQSSWEF: August 2024 NAV
16/9/202405:56ALNCNewsStarwood European net asset value ticks up as hails loan structuring
24/7/202406:03EQSSWEF: Portfolio Update
24/7/202406:02EQSSWEF: Dividend Declaration
24/7/202406:01EQSSWEF: Sixth Capital Distribution

Starwood European Real E... (SWEF) Discussions and Chat

Starwood European Real E... Forums and Chat

Date Time Title Posts
25/10/202409:07Commercial Real Estate Debt - 7% Yield117
22/4/202207:20Starwood European Real Estate Finance5

Add a New Thread

Starwood European Real E... (SWEF) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:06:5490.001715.30AT
09:05:2290.401,7341,567.47O
08:52:1090.402,5472,302.39O
2024-11-20 17:15:0090.80200,000181,600.00O
2024-11-20 16:35:2990.202,8792,596.86UT

Starwood European Real E... (SWEF) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Starwood European Real E... Daily Update
Starwood European Real Estate Finance Limited is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker SWEF. The last closing price for Starwood European Real E... was 90.20p.
Starwood European Real E... currently has 294,288,539 shares in issue. The market capitalisation of Starwood European Real E... is £264,859,685.
Starwood European Real E... has a price to earnings ratio (PE ratio) of 10.49.
This morning SWEF shares opened at 90p
Posted at 25/10/2024 09:07 by makinbuks
SWEF recovering some composure which is nice to see. Still good value. 6% yield and at least 8% discount to ultimate NAV. Possibly 15% if all the loans were repaid in full (105p). Just my estimates DYOR

Thanks Sky for posting the link here and on the wind up thread. I just assumed everyone would look it up or would have already read it in the morning
Posted at 22/10/2024 10:31 by skyship
This is the RNS to which Makinbuks refers:
Posted at 10/10/2024 09:46 by makinbuks
ii won't allow me to reinvest the proceeds of the redemption. Here's what they say:

"Unfortunately, we are unable to set up ‘SWEF’ for purchases as we have not received a ' Value For Money ' assessment from the provider.



This is due to a recent update on consumer duty, and Fund managers and providers of ETFs have had to confirm if their ETF/fund is good value for money and justify their charges by completing a 'Value for Money Assessment' (VFMA). It is the responsibility of the fund manager/ETF provider to do this, and without this information, we cannot allow it to be purchased on our platform."
Posted at 09/9/2024 11:12 by makinbuks
Half Year Report out

NAV 104.92, discount 11%, yield 5.9%
£8.8m lent this year
£0.6m interest capitalised (trivial, but a concern)

"We do not expect to see significant movements in NAV as the Group’s loans are held at amortised cost, Euro exposures are hedged and credit risk is proactively managed."

"The Board, the Investment Manager and Adviser continue to believe that the shares represent attractive value at this level."

As do I!
Posted at 25/7/2024 08:41 by stemis
It does in the context in which I was discussing it, which was the recovery required to underpin the current share price. Assuming all stage 1 loans repay, then to recover 94p a share (the current share price) 43% of the value of stage 2 loans would need to repay. So even in the unlikely event that the office portfolio repaid zero, the required recovery would still be achieved by the repayment of 73% of the other two stage 2 loans.
Posted at 26/7/2023 13:38 by makinbuks
Latest factsheet for 30th June

hxxps://starwoodeuropeanfinance.com/media/1404/starwood-23-041-q3-fact-sheet-05.pdf

NAV 103.75p
£61m (16% of book)expected repayment in coming weeks, will distribute a further £13.7m being the excess over final existing commitments
Some signs of stress with one provision of £1.7m raised, but in a case where the LTV is 94% against an accepted sale price
Posted at 21/7/2022 07:47 by makinbuks
A share buyback programme is a clear indication that the portfolio continues to perform. Rising interest rates are going to work in our favour too with a high proportion of the portfolio lent on a floating basis
Posted at 22/4/2022 07:20 by killing_time
Starwood European Real Estate Finance Limited (the "Company") has declared a quarterly dividend in respect of the first quarter of 2022 of 1.375 pence per share as targeted, payable on 27 May 2022 to Shareholders on the register at 6 May 2022. The ex-dividend date will be 5 May 2022. The targeted full year dividend is 5.5 pence per share equating to an annualised dividend yield of 5.9% based on the closing share price on 21 April 2022.
Posted at 20/4/2022 06:13 by killing_time
SWEF NAV up to 103.13p for March.
Posted at 21/1/2022 11:01 by killing_time
Thanks Makinbuks

From LSE site:
Starwood European Real Estate Finance Limited (the "Company") has declared a quarterly dividend in respect of the fourth quarter of 2021 of 1.375 pence per share as targeted, payable on 25 February 2022 to Shareholders on the register at 4 February 2022. The ex-dividend date will be 3 February 2022. The targeted full year dividend is 5.5 pence per share equating to an annualised dividend yield of 5.8% based on the closing share price on 20 January 2022.
Starwood European Real E... share price data is direct from the London Stock Exchange