SWEF Starwood European Real Estate Finance Limited

TIDMSWEF

RNS Number : 7791P

Starwood European Real Estate Finan

21 August 2014

21 August 2014

Starwood European Real Estate Finance Limited

(the "Company") (Ticker: "SWEF")

Net Asset Value, July 2014

As at the close of business on 31 July 2014, the unaudited net asset value of the Company's Ordinary Shares was 97.98 p. Further to an announcement released on 23 July 2014, please note this NAV has been calculated on an ex-dividend basis.

 
 Loans advanced                 GBP214.6m 
-----------------------------  ---------- 
 Financial Assets at fair         GBP2.9m 
  value through P&L 
-----------------------------  ---------- 
 Cash and Cash Equivalent        GBP19.6m 
-----------------------------  ---------- 
 Borrowing Facilities                   - 
-----------------------------  ---------- 
 Other Net Assets/Liabilities    -GBP3.8m 
-----------------------------  ---------- 
 Net Assets*                    GBP233.3m 
-----------------------------  ---------- 
 

*Net unrealised FX losses of GBP1.2m / 0.49 pence per Ordinary Share have been recognised in the period to 31 July 2014.

Capital amounts advanced as at 31 July 2014 and amounts committed but undrawn as at 31 July 2014 is shown below.

 
                         Local Currency   Sterling** 
----------------------  ---------------  ----------- 
 Amounts drawn GBPm           GBP119.8m    GBP119.8m 
----------------------  ---------------  ----------- 
 Amounts drawn EURm           EUR120.2m     GBP95.1m 
----------------------  ---------------  ----------- 
 Committed but undrawn          GBP6.4m      GBP6.4m 
  Loans GBPm 
----------------------  ---------------  ----------- 
 Committed but undrawn         EUR15.7m     GBP12.4m 
  Loans EURm 
----------------------  ---------------  ----------- 
 

** Euro amounts drawn and commitments converted at the month end spot rate. The difference between amounts drawn in the table above and "Loans advanced" in the first table is deferred income.

Enquiries:

Ipes (Guernsey) Limited

Gillian Newton

T: +44 1481 713869

E: Gillian.Newton@ipes.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

NAVEASPFAAKLEFF

Starwood European Real E... (LSE:SWEF)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024

Starwood European Real E... (LSE:SWEF)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024