TIDMSWEF

RNS Number : 9823R

Starwood European Real Estate Finan

02 July 2015

02 July 2015

Starwood European Real Estate Finance Limited: Investment Update

Starwood European Real Estate Finance Limited (the "Company") announces that it has committed to provide two facilities for a total of DKK350.3m (c. GBP33.5m) for a portfolio of light industrial assets throughout Denmark. The first facility is a mezzanine facility to refinance a portfolio already owned by the sponsor. The second facility is a whole loan to support the acquisition of a new portfolio. The facility has been partially drawn and is expected to fully draw during July. The Company expects to earn an attractive risk adjusted return commensurate with its stated investment strategy.

The Company has funded the facility using a combination of cash available within the Company, including the proceeds of a repayment of the FC200 facility in mid June 2015, and GBP8 million drawn on the revolving credit facility.

For further information, please contact:

Ipes (Guernsey) Limited

Gillian Newton

T: +44 1481 735869

Notes:

Starwood European Real Estate Finance 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 Continental European markets. www.starwoodeuropeanfinance.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCVLLBBEDFZBBB

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