Starwood European Real Estate Finance Ltd Reports June 2025 NAV

Starwood European Real Estate Finance Ltd (SWEF) announced its unaudited net asset value (NAV) for 30 June 2025. The NAV per Ordinary Share was reported at 97.41p, a decrease from 101.09p in May 2025. This calculation includes a €7.3 million provision related to an Irish office portfolio, but excludes a dividend of 1.375 pence per Share announced concurrently.

The NAV breakdown shows loans advanced at £96.1 million, cash and cash equivalents at £48.6 million, and financial assets at fair value at £0.5 million, resulting in total net assets of £144.2 million. Capital amounts drawn totaled £112.0 million, comprising £81.3 million in Sterling and €35.8 million in Euros.

The NAV movement is attributed to 0.55p from operating income, a 4.22p impairment provision, and minimal unrealised FX losses of 0.01p. These figures reflect SWEF's continued asset management strategies amid fluctuating real estate values.