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Starwood European Real Estate Finance Limited
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(the "Company") (Ticker: "SWEF")
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Net Asset Value, 31 January 2021
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This announcement contains price sensitive information.
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As at the close of business on 31 January 2021, the unaudited cum-dividend net asset value of the Company's Ordinary Shares was 103.91p(3) (31 December 2020: 104.18p(3)).
Further to the dividend announcement released on 22 January 2021, the unaudited ex-dividend net asset value of the Company's Ordinary Shares was 102.29p(3).
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Loans advanced
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£423.5m
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Financial assets at fair value through profit or loss
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£3.6m
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Cash and cash equivalents
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£8.7m
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Borrowing facilities (including accrued interest)
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£(11.5m)
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Other net assets/(liabilities)
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£(6.0m)
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Net assets
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£418.3m
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Capital amounts drawn as at 31 January 2021 and amounts committed but undrawn as at 31 January 2021 is shown below.
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Local Currency
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Sterling (2)
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Amounts drawn £m (1)
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£172.00
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£172.00
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Amounts drawn €m (1)
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€ 283.70
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£250.70
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£422.7m
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Committed but undrawn Loans £m
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£34.60
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£34.60
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Committed but undrawn Loans €m
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€ 15.30
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£13.50
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£48.1m
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(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.
(3) The published NAV is based on current information, estimates and judgements.
The difference between amounts drawn in the table above and "Loans advanced" in the first table is accrued income.
Enquiries:
Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary
Starwood European Real Estate Finance Limited
