IN BRIEF: Starwood European NAV falls, loss widens as expenses grow
6th Sep 2022 14:37
Starwood European Real Estate Finance Ltd - London-based investment company focused on real estate debt investments in the UK and Europe - Posts fall in net asset value and widening loss as expenses grow. NAV per share at June 30 falls by 0.2% to 103.42 pence from 103.62p a year prior. Pretax loss in six months to June 30 widens to GBP12.5 million from GBP10.1 million. Expenses increase by 8.2% to GBP3.3 million from GBP3.1 million. Firm touts cash generation of GBP3.1 million in the six months versus GBP1.4 million a year ago. Read More