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Share Name Share Symbol Market Type Share ISIN Share Description
Starwood European Real Estate LSE:SWEF London Ordinary Share GG00B79WC100 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 105.50p 104.50p 105.50p 105.50p 104.50p 105.00p 318,157 16:28:34
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 26.6 7.1 14.9 395.65

SWEF: Investment Update

12/11/2018 2:10pm

UK Regulatory (RNS & others)


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

 
 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: Investment Update 
 
12-Nov-2018 / 14:08 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. 
 
                                                            12 November 2018 
 
 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 12 
      November 2018 the Group closed a EUR19.5 million fixed rate whole loan 
  secured by a mixed-use office and hotel property located in Madrid, Spain. 
 The financing has been primarily provided in the form of an initial advance 
               along with a smaller capex facility to support the borrower's 
 value-enhancing, light capex initiatives. The loan term is 5 years, and the 
   Group expects to earn an attractive risk-adjusted return in line with its 
                                                 stated investment strategy. 
 
 The Group has now invested in five Spanish loans with a total commitment of 
       approximately EUR182 million, and alongside the UK and Ireland, Spain 
        remains one of the Group's top target markets for further investment 
                                                              opportunities. 
 
  Following the investment, the Group has approximately GBP52 million drawings 
                                       on its credit facilities net of cash. 
 
                                    For further information, please contact: 
 
Ipes (Guernsey) Limited as Company Secretary - 01481 735810 
 
                                                                Sarah Newton 
 
                                            Starwood Capital - 020 7016 3655 
 
                                                           Duncan MacPherson 
 
                              Stifel Nicolaus Europe Limited - 020 7710 7600 
 
                                                                Neil Winward 
 
                                                             Mark Bloomfield 
 
                                                               Gaudi Le Roux 
 
                                                                      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.:  6494 
EQS News ID:   744475 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=744475&site_id=vwd_london&application_name=news 
 

(END) Dow Jones Newswires

November 12, 2018 09:10 ET (14:10 GMT)

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