Date: 21 January 2022

Starwood European Real Estate Finance Limited

Quarterly Dividend Declaration

Confirms 1.375 pence dividend for Q4 as targeted; equating to an 5.8% annualised dividend yield

This announcement contains price sensitive information. 

Starwood European Real Estate Finance Limited (the "Company") has declared a quarterly dividend in respect of the fourth quarter of 2021 of 1.375 pence per share as targeted, payable on 25 February 2022 to Shareholders on the register at 4 February 2022. The ex-dividend date will be 3 February 2022. The targeted full year dividend is 5.5 pence per share equating to an annualised dividend yield of 5.8% based on the closing share price on 20 January 2022.

For further information, please contact: 

Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary

Duke Le Prevost

T: +44 (0) 203 5303 660

E: Starwood@apexfs.com

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 in the UK and the wider European Union's internal  market.  www.starwoodeuropeanfinance.com. 

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