Starwood Euro Real - Investment Update

Starwood European Real Estate Finance

23/02/2016 12:38

RNS Number : 8942P

Starwood European Real Estate Finan

23 February 2016

23 February 2016

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") announces that ithas advanceda 26.95millionwholeloanin relation to ahotelin the Channel Islands.This specific hospitality submarketis demonstrating solid performanceand the asset being financed is the market leader. Such an investment is not only attractive on its own merits but also further delivers geographical and sector diversity to the overall portfolio.

Thefixed ratefacility has a term of5yearsand theCompany expects to earn an attractive risk-adjusted returnin linewith its stated investment strategy.

The new investment has been funded with drawings on the revolving credit facility. It remains the company's intention to continue to the draw on the facility in the near term to optimise liquidity management of potential loan repayments and, once addressed, future equity issuance.

For further information, please contact:

For further information, please contact:

Peter Denton - Starwood Capital - 020 7016 3664

Robert Peel - Dexion 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 (including debt instruments) in the UK and the wider European Union's internal market. www.starwoodeuropeanfinance.com.

The Company's assets are managed by Starwood European Finance Partners Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.

This information is provided by RNS

The company news service from the London Stock Exchange

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