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Pin to quick picksStarwood Eur Share News (SWEF)

Share Price Information for Starwood Eur (SWEF)

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Share Price: 94.00
Bid: 93.00
Ask: 93.80
Change: 1.00 (1.08%)
Spread: 0.80 (0.86%)
Open: 94.00
High: 94.00
Low: 94.00
Prev. Close: 93.00
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Starwood European Real Estate Finance is an Investment Trust

To provide shareholders with regular dividends and an attractive total return while limiting downside risk, through a diversified portfolio of real estate debt investments in the UK and the wider European Union's internal market.

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IN BRIEF: Starwood European trading in line; confirms payout

Mon, 25th Oct 2021 10:01

Starwood European Real Estate Finance Ltd - Guernsey-based investment company - Says its performance in the three months to September 30 remains in line with expectations and is derived from an "robust" portfolio of real estate loans that continue to deliver income. The company confirms 1.375 pence dividend for the third quarter of 2021 as targeted, equating to an 5.7% annualised dividend yield.

"Notably, the outlook for new loans origination remains very strong as the investment manager has seen significant activity across the hospitality and retail sectors and in office spaces as the UK and Europe starts to return to pre-pandemic activity levels," says Chair Stephen Smith.

Current stock price: 97.80 pence, up 1.7%

Year-to-date change: up 8.7%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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