23rd Apr 2021 08:29
Starwood European Real Estate Finance Ltd - debt investment company - Announces on Thursday that it closed a GBP26.6 million floating rate loan secured by a portfolio of four properties, consisting of laboratories and offices let to life science companies. Financing is in the form of an initial advance along with a smaller capex facility. Loan term is four years. Starwood says it will earn attractive risk-adjusted return in line with investment strategy.
Current stock price: 89.60 pence
Year-to-date change: down 0.4%
By Ivan Edwards; [email protected]
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