27 October 2014

Starwood European Real Estate Finance Limited: Dividend Declaration

Starwood European Real Estate Finance Limited (the "Company") has declared a dividend in respect of the period from 1 July 2014 to 30 September 2014 of 1.5 pence per Share, payable on 21 November 2014 to Shareholders on the register on 7 November 2014. The ex-dividend date will be 6 November 2014.

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