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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

SWEF : Investment Update

27/11/2017 11:59am

UK Regulatory


Dow Jones received a payment from EQS/DGAP to publish this press release.

 
 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF : Investment Update 
 
27-Nov-2017 / 11:57 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. 
 
                                                            27 November 2017 
 
 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" and, together 
 with its subsidiaries, the "Group") is pleased to announce that on the 24th 
  November 2017, the Group closed a EUR44,625,000 5-year floating rate whole 
loan secured by 3 shopping centres in Spain. The financing has been provided 
in the form of an initial advance along with a capex facility to support the 
 sponsors' proven retail repositioning capability to make further investment 
         in the properties. The properties are well-anchored, dominate their 
    catchments and are positioned to benefit from the sponsors' active asset 
  management strategy. The Group expects to earn an attractive risk-adjusted 
                         return in line with its stated investment strategy. 
 
  This is the Group's second Spanish loan investment this year and the Group 
 has a further Spanish loan in the near-term pipeline which when closed will 
    result in a total of EUR107 million of lending in Spain across the three 
 investments. Spain is one of the Group's target markets for further lending 
    and the Group continues to seek good risk adjusted lending opportunities 
                         arising in line with the Group's investment policy. 
 
                                    For further information, please contact: 
 
                        Duncan MacPherson - Starwood Capital - 020 7016 3655 
 
                               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 [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.:  4918 
 
End of Announcement EQS News Service 
 
632945 27-Nov-2017 
 
 
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=632945&site_id=vwd_london&application_name=news 
 

(END) Dow Jones Newswires

November 27, 2017 06:59 ET (11:59 GMT)

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