Investment Update

RNS Number : 9575Z
Starwood European Real Estate Finan
17 December 2014
 



17 December 2014

 

Starwood European Real Estate Finance Limited: Investment Update

 

Starwood European Real Estate Finance Limited (the "Company") announces that it has provided £6.9 million out of a total of £14 million junior loan to refinance a 5 star hotel in central London. 

 

The loan's interest rate floats over LIBOR and has a term of 5 years. The Company expects to earn a return consistent with its target for junior loans.

 

For further information, please contact:

 

Ipes (Guernsey) Limited

Gillian Newton

T: +44 1481 735869      

 

Notes:

 

Starwood European Real Estate Finance 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 Continental European markets. www.starwoodeuropeanfinance.com

 

 


This information is provided by RNS
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