City of London Investment Management Acquires Significant Stake in Starwood European Real Estate Finance Ltd

Starwood European Real Estate Finance Ltd (SWEF) has disclosed a major holding acquisition by City of London Investment Management Company Limited, which resulted in a crossing of the threshold on January 2, 2024. City of London Investment Management now holds a total of 16,077,541 voting rights in SWEF, translating to 5.130% of the company’s voting rights. This acquisition underscores significant investor confidence and interest in the real estate finance company.

The notification came after SWEF announced a Fourth Capital Distribution on February 22, 2024, which adjusted the company’s shareholding structure. The adjustment maintained the percentage figure previously declared, highlighting the strategic measures taken by SWEF to manage its capital efficiently.

This move by City of London Investment Management, a subsidiary of City of London Investment Group plc, demonstrates its strategic investment decisions aimed at enhancing its portfolio in the real estate finance industry. SWEF and its stakeholders may see this development as a positive endorsement of the company’s financial health and growth trajectory.