Starwood European Real Estate Finance Ltd: Half Yearly Report Overview

Starwood European Real Estate Finance Ltd (SWEF) has released its half-year results for the period ended 30 June 2025. The company reports substantial progress in capital return to shareholders, amounting to £256 million, equating to 61% of its January 2023 NAV. A total of £46 million was returned in the first half of 2025 alone. Furthermore, one significant loan asset has been fully repaid, and two others have been repaid post-June 2025.

The portfolio now consists of only four loans. Three are classified at the lowest risk level, Stage 1, while the Office Portfolio in Ireland remains impaired, classified at Stage 3. The portfolio supports an annual dividend yield of 6.3% with inflation-protected interest rates covering 77.7%.