Starwood European Real Estate Finance Ltd Announces April 2025 NAV

Starwood European Real Estate Finance Ltd (SWEF) reported the unaudited Net Asset Value (NAV) for its Ordinary Shares as 100.59p at the close of business on April 30, 2025. This shows a slight decline from 101.34p recorded at the end of March 2025. The comprehensive breakdown includes £101.0 million in loans advanced, £50 million in cash and cash equivalents, and £0.7 million in financial assets at fair value through profit or loss, with other net liabilities totaling (£2.8 million).

The available cash reserve covers undrawn loan commitments amounting to £19.0 million. Total drawn amounts reached £111.4 million, comprised of £81.3 million in Sterling and £30.1 million converted from €35.5 million. The difference between the "Loans advanced" figure and the total drawn amount indicates accrued income and impairment provisions.

For April, the NAV per share descended slightly from 101.34p to 100.59p, impacted by operational income, unrealized foreign exchange gains, and a declared dividend. Notably, unrealized foreign exchange gains accounted for a 0.14p change.