SWEF : Net Asset Value

Mon, 20 Nov 2017 14:54:01
DGAP-UK-Regulatory: SWEF : Net Asset Value

Starwood European Real Estate Finance Ltd (SWEF)

20-Nov-2017 / 14:54 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.

20 November 2017




Starwood European Real Estate Finance Limited

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


Net Asset Value, 31 October 2017




This announcement contains price sensitive information.


As at the close of business on 31 October 2017, the unaudited cum-dividend net asset value of the Company's Ordinary Shares was 102.85p. Further to an announcement released on 19th October 2017, the unaudited ex-dividend net asset value of the Company's Ordinary Shares was 101.23p.


Loans advanced


Financial assets/(liabilities) at fair value through profit or loss


Cash and cash equivalents


Borrowing facilities


Other net assets/(liabilities)


Net assets



Capital amounts drawn as at 31 October 2017 and amounts committed but undrawn as at 31 October 2017 is shown below.




Local Currency


Amounts drawn £m



Amounts drawn EURm







Committed but undrawn Loans £m



Committed but undrawn Loans EURm








* Euro amounts drawn and commitments converted at the month end spot rate. The differenc between amounts drawn in the table above and "Loans advanced" in the first table is accrue income.


Of the change in Net Asset Value in October, approximately £1.4 million is due to unrealised FX gains. The Group recognised a large unrealised loss in September which has largely reversed this month. The Group also benefitted from the recognition of additional income due to loans recently repaid and some additional income from loan amendments.




Ipes (Guernsey) Limited as Company Secretary


Jon Jehan

T: +44 1481 735814

E: Jon.Jehan@ipes.com




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