Net Asset Value(s)

RNS Number : 9181Y

Starwood European Real Estate Finan

20 May 2016

Starwood European Real Estate Finance Limited

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

Net Asset Value, 30 April 2016

As at the close of business on 30 April 2016, the unaudited net asset value of the Company's Ordinary Shares was 99.38p. Further to an announcement released on 14th April 2016, please note this NAV has been calculated on an ex-dividend basis.

Loans advanced

261.0m

Financial Assets at fair value through Profit or Loss

(0.9m)

Cash and Cash Equivalents

47.6m

Borrowing Facilities

Other Net Assets/Liabilities

(5.4m)

Net Assets

302.3m

Capital amounts drawn as at 30 April 2016 and amounts committed but undrawn as at 30 April

2016 is shown below.

Local Currency

Sterling*

Amounts drawn £m

£162.1m

Amounts drawn €m

€84.4m

£65.4m

Amounts drawn Kr.m

Kr316.80m

£32.9m

Committed but undrawn Loans £m

£0.3m

Committed but undrawn Loans €m

€1.8m

£1.4m

Committed but undrawn Loans Kr.m

* Euro and Danish Krone 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.