Starwood European Real Estate Finance Announces November 2024 NAV

Starwood European Real Estate Finance Ltd (SWEF) reported an unaudited net asset value (NAV) of 99.90p per Ordinary Share as of 30 November 2024. This reflects a slight increase from the previous month's NAV of 99.38p. Net assets totaled £193.7 million, including £148.4 million in loans advanced and £45.7 million in cash and cash equivalents.

The cash reserve includes £23.0 million to cover undrawn loan commitments. As of the end of November 2024, the company had £158.8 million in total drawn amounts and £23.0 million in committed but undrawn cash amounts. Unrealized foreign exchange losses amounted to (0.10)p, affecting the NAV per share movements.

The figures are based on current estimates and judgements, aligning with regulatory standards. Starwood European aims for an orderly realization of its assets under the guidance of Starwood Capital Group's subsidiaries.