Starwood European Real Estate Finance Ltd - Guernsey-based investor, which manages high quality senior and mezzanine real estate debt in the UK and Europe - Announces that two further loans were recently repaid in full. These investments comprised Office, London - £20.5 million and Mixed Portfolio, Europe - €3.6 million. As a result, the company‘s portfolio has reduced from 15 to 13 investments. In addition, since September 30, the company has received partial repayments on a number of loans totalling around £8.7 million.
As a result, makes third capital distribution totalling £45.0 million to shareholders by way of a compulsory partial redemption of shares at a price of £1.04 per share.
Current stock price: 90.40 pence
12-month change: up 1.8%
Copyright 2023 Alliance News Ltd. All Rights Reserved.