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Starwood European SWEF

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gnawsome
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Starwood European SWEF

#612161

Postby gnawsome » August 30th, 2023, 2:03 pm

I see another repayment to shareholders (mandatory redemptiom?) at about £1.0312
The SP is c85p
Company statement says;

...our objective to return capital to shareholders in a timely manner while managing the orderly wind down of the existing portfolio. The two further full loan repayments outlined today mark considerable further progress in meeting this objective as the Company’s outstanding investments reduce from 17 to 15.

That seems to say that the sale of assetts is in progress and will be returned to shareholders in a timely manner. Being somewhat an optimist and thinking that commercial and industrial property will benefit from stabilising interest rates would others be inclined to hold and 'let it develop'

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