Starwood European Real Estate Finance Releases January 2025 NAV Update

Starwood European Real Estate Finance Ltd (SWEF) has announced its unaudited net asset value (NAV) as of January 31, 2025. The NAV per Ordinary Share stands at 100.24p, a slight decrease from December's 100.49p. SWEF's overall net assets total £194.4 million, with loans advanced at £101.7 million and cash reserves of £95.5 million, which include a £23 million reserve for undrawn loan commitments.

The company's loans drawn amount to £112.1 million, with £29.4 million in euros after conversion. Despite a declared dividend of 1.38p, the NAV was impacted positively by 0.11p due to unrealized foreign exchange gains. The company noted realized operating income of 1.02p per share, buoyed by early repayment of a UK hotel loan.

The report concludes with a focus on SWEF's strategic goal of an orderly asset realization, managed by Starwood European Finance Partners Limited.