2nd Jul 2015 09:15
LONDON (Alliance News) - Starwood European Real Estate Finance Ltd on Thursday said it has committed to two financing facilities for a Danish light industrial assets portfolio for a total investment of GBP33.5 million.
Starwood said the first loan is a mezzanine facility to refinance a portfolio already owned by the sponsor, while the second is a loan to support the acquisition of new assets.
Starwood shares were down 0.9% to 106.75 pence on Thursday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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