30th Mar 2015 11:56
LONDON (Alliance News) - Starwood European Real Estate Finance Ltd on Monday said its net asset value per share rose in 2014 as it increased the size of its portfolio.
Starwood, which invests in European real estate debt investments, said its net asset value per share rose to 100.08 pence at the end of 2014, up from 99.13 pence a year earlier.
The total net assets in its portfolio rose to GBP238.2 million from GBP236 million, while the company said its loans advanced rose to GBP221 million from GBP156.4 million.
The company paid out dividends per share of 5.8 pence in the year, up from 1.9 pence last year.
Shares in Starwood were up 0.5% to 103.75 pence on Monday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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