19 July 2018

 

 

 

Starwood European Real Estate Finance Limited

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

 

Net Asset Value, 30 June 2018

 

This announcement contains price sensitive information.

 

As at the close of business on 30 June 2018, the unaudited cum-dividend net asset value of the

Company's Ordinary Shares was 102p.

 

Loans advanced	412.1m
Financial assets at fair value through profit or loss (including accrued income)	21.9m
Financial liabilities at fair value through profit or loss	(6.0m)
Cash and cash equivalents	8.7m
Borrowing facilities (including accrued interest)	(54.1m)
Other net assets/(liabilities)	(0.1m)
Net assets	382.5m

 

Capital amounts drawn as at 30 June 2018 and amounts committed but undrawn as at 30 June

2018 is shown below.

 

 

	Local Currency	Sterling (2)
Amounts drawn £m (1)	£126.6m	£126.6m
Amounts drawn EURm (1)	EUR342.7m	£303.3m
		£429.9m
Committed but undrawn Loans £m	£0.9m	£0.9m
Committed but undrawn Loans EURm	EUR46.7m	£41.3m
		£42.2m

 

(1)  Balance includes both loans accounted at amortised cost and loans held at fair value through profit or loss. The amounts correspond to cash advanced, not values shown on statement of financial position.

 

(2)  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 accrued income.

 

Enquiries:

 

Ipes (Guernsey) Limited as Company Secretary

 

Sarah Newton

T: +44 1481 735810

E: sarah.newton@ipes.com

 

 

 

Starwood European Real Estate Finance Limited