Starwood European Real Estate Finan Investment Update (9823R)
02 Juillet 2015 - 10:43AM
UK Regulatory
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
Starwood European Real E... (LSE:SWEF)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024