SWEF: Repayment of Final Loan Investment

Starwood European Real Estate Finance Limited

Repayment of Final Loan Investment;

Orderly Realisation of Loan Assets Now Complete

Starwood European Real Estate Finance Limited (the “Company” or the “Group”) is delighted to announce that its final loan investment secured against an office portfolio in Spain (Office Portfolio, Spain) has repaid.

This final loan investment was equivalent to 100 per cent of the last reported outstanding funded portfolio and upon its repayment, the orderly realisation process the Group began in January 2023 is complete. 

John Whittle, Chairman of the Company commented:

“We are pleased to announce the last investment has been repaid concluding the orderly realisation begun in January 2023 significantly ahead of the initial guidance that the realisation would take place over a four to five year period. During that time, £376 million has been repaid to shareholders to date (representing 91% of the 31 January 2023 NAV and 104% of the 27 January 2023 market capitalisation), while continuing quarterly dividend payments to shareholders. On behalf of the Board, I would like to say to our shareholders: thank you for your support as we conclude this process.”

On 13 February 2026, the Group published a Circular and notice of Extraordinary General Meeting (the “EGM”) to be held on 27 February 2026 for the purpose of proposing a vote on the voluntary winding up of the Company. The Company’s shares will be suspended from trading on the Main Market of the London Stock Exchange at 7.30 a.m. on 27 February 2026 in advance of the EGM. A copy of the Circular is available on the Company’s website at https://starwoodeuropeanfinance.com and has been submitted to the National Storage Mechanism, where it is available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism. In addition, a copy of the proxy voting form is available on the Company’s website as detailed above.

Conditional on the approval of the voluntary winding up by Shareholders at the EGM, the Board proposes to appoint Stuart Gardner and Richard Barker of Ernst & Young LLP, Royal Chambers, St. Julians Avenue, St. Peter Port, Guernsey, GY1 4AF as the joint liquidators of the Company (together the “Joint Liquidators”). The Board will continue to manage the Company pending the commencement of the voluntary winding up. All of the Directors (other than John Whittle) are expected to resign their office with effect from the appointment of the Joint Liquidators.

If appointed, the Joint Liquidators would expect to make an initial distribution, in an amount to be determined by the Joint liquidators, as soon as practicable after the commencement of the voluntary winding up.

For further information, please contact:

  Burson Buchanan  +44 (0) 20 7466 5000

  Helen Tarbet             +44 (0) 7788 528 143

  Henry Wilson

  Nick Croysdill

Notes:

Starwood European Real Estate Finance Limited is an investment company listed on the premium segment of the main market of the London Stock Exchange with an investment objective to conduct an orderly realisation of the assets of the Company.  www.starwoodeuropeanfinance.com.

The Group's assets are managed by Starwood European Finance Partners Limited, an indirect wholly owned subsidiary of Starwood Capital Group.