Starwood Capital Group

SWEF: Fifth Capital Distribution Update

Retrieved on: 
Wednesday, April 10, 2024

Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders by 28 March 2024.

Key Points: 
  • Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders by 28 March 2024.
  • Following the redemption, the Company has 270,178,206 shares in issue and the total number of voting rights is 270,178,206.
  • www.starwoodeuropeanfinance.com
    The Group's assets are managed by Starwood European Finance Partners Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.
  • Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

SWEF: Fifth Capital Distribution

Retrieved on: 
Wednesday, April 10, 2024

The Board of Starwood European Real Estate Finance Limited is pleased to announce the Company’s fifth capital distribution.

Key Points: 
  • The Board of Starwood European Real Estate Finance Limited is pleased to announce the Company’s fifth capital distribution.
  • Accordingly, the Company has resolved to make a fifth capital distribution totalling (after expenses) c. £25.0 million to SEREF shareholders by way of a compulsory partial redemption of shares at a price of £1.0369 per share (being the last published NAV per share prior to this announcement) (the “Compulsory Redemption”).
  • of the Company’s issued share capital will be redeemed on the Redemption Date (the “Redemption Ratio”).
  • “Accordingly, we are using this capital to fund a fifth distribution to shareholders of £25.0 million.

Questex’s IHIF EMEA 2024: The Meeting Place of Hospitality Innovators and Game-Changers

Retrieved on: 
Monday, March 25, 2024

LONDON, March 25, 2024 (GLOBE NEWSWIRE) -- Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) today announces its highly anticipated return to Berlin 15 to 17 April 2024.

Key Points: 
  • LONDON, March 25, 2024 (GLOBE NEWSWIRE) -- Questex’s International Hospitality Investment Forum EMEA (IHIF EMEA) today announces its highly anticipated return to Berlin 15 to 17 April 2024.
  • Held at the InterContinental and Pullman hotels, this year's forum promises to deliver unparalleled insights, deal-making opportunities, and networking prospects for the global hospitality industry.
  • With a focus on navigating the evolving macro-economic landscape, IHIF EMEA 2024 will delve into key themes shaping the future of hospitality investment.
  • For more information about IHIF EMEA 2024 and to register for the event, visit IHIF EMEA website .

Dean Borgh Joins Accordant Investments Team

Retrieved on: 
Tuesday, March 26, 2024

Dean Borgh has joined Accordant Investments LLC (“Accordant”) as Executive Director – National Accounts.

Key Points: 
  • Dean Borgh has joined Accordant Investments LLC (“Accordant”) as Executive Director – National Accounts.
  • Borgh is responsible for expanding the distribution of Accordant Investments’ solutions in the private wealth channel.
  • Accordant believes most long-term retail investors would benefit from adding alternative strategies such as private real estate to their long-term asset allocation.
  • View the full release here: https://www.businesswire.com/news/home/20240314853993/en/
    “We are excited to add another executive to the Accordant team to assist in the broad distribution of our first-to-market real estate index interval fund and other purpose-built investment solutions,” Accordant CEO Greg Stark said.

BACCARAT HOTEL & RESIDENCES MALDIVES SET TO OPEN IN 2027

Retrieved on: 
Monday, March 18, 2024

"We are excited to unveil Baccarat Hotel & Residences Maldives, which fuses the timeless elegance and modern sophistication of the House of Baccarat, the legendary 260-year-old crystal brand, with the Maldives, a location that is synonymous with paradise," says Sternlicht.

Key Points: 
  • "We are excited to unveil Baccarat Hotel & Residences Maldives, which fuses the timeless elegance and modern sophistication of the House of Baccarat, the legendary 260-year-old crystal brand, with the Maldives, a location that is synonymous with paradise," says Sternlicht.
  • "Our debut in the Maldives marks an exhilarating milestone for the Baccarat brand," says Raul Leal, CEO of SH Hotels & Resorts, the parent company of Baccarat Hotels & Resorts.
  • Baccarat Hotel & Residences Maldives will be owned by Madevco Holdings Limited (ADGM) which exemplifies a commitment to building extraordinary residences that elevate lifestyles to unprecedented heights.
  • Upon opening in 2027, Baccarat Hotel & Residences Maldives will mark a new milestone in luxury hospitality, combining elegance, sophistication, and unforgettable experiences.

BACCARAT HOTEL & RESIDENCES MALDIVES SET TO OPEN IN 2027

Retrieved on: 
Monday, March 18, 2024

"We are excited to unveil Baccarat Hotel & Residences Maldives, which fuses the timeless elegance and modern sophistication of the House of Baccarat, the legendary 260-year-old crystal brand, with the Maldives, a location that is synonymous with paradise," says Sternlicht.

Key Points: 
  • "We are excited to unveil Baccarat Hotel & Residences Maldives, which fuses the timeless elegance and modern sophistication of the House of Baccarat, the legendary 260-year-old crystal brand, with the Maldives, a location that is synonymous with paradise," says Sternlicht.
  • "Our debut in the Maldives marks an exhilarating milestone for the Baccarat brand," says Raul Leal, CEO of SH Hotels & Resorts, the parent company of Baccarat Hotels & Resorts.
  • Baccarat Hotel & Residences Maldives will be owned by Madevco Holdings Limited (ADGM) which exemplifies a commitment to building extraordinary residences that elevate lifestyles to unprecedented heights.
  • Upon opening in 2027, Baccarat Hotel & Residences Maldives will mark a new milestone in luxury hospitality, combining elegance, sophistication, and unforgettable experiences.

SWEF: Fourth Capital Distribution Update

Retrieved on: 
Wednesday, March 13, 2024

Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders by 28 February 2024.

Key Points: 
  • Any certificates currently in circulation will be superseded by a new certificate which will be distributed to certificated shareholders by 28 February 2024.
  • Following the redemption, the Company has 294,288,539 shares in issue and the total number of voting rights is 294,288,539.
  • www.starwoodeuropeanfinance.com
    The Group's assets are managed by Starwood European Finance Partners Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.
  • Dissemination of a Regulatory Announcement that contains inside information in accordance with the Market Abuse Regulation (MAR), transmitted by EQS Group.

SWEF: Fourth Capital Distribution

Retrieved on: 
Wednesday, March 13, 2024

The Board of Starwood European Real Estate Finance Limited is pleased to announce the Company’s fourth capital distribution of circa £20.0 million.

Key Points: 
  • The Board of Starwood European Real Estate Finance Limited is pleased to announce the Company’s fourth capital distribution of circa £20.0 million.
  • Accordingly, the Company has resolved to make a fourth capital distribution totalling (after expenses) circa £20.0 million to SEREF shareholders by way of a compulsory partial redemption of shares at a price of £1.0308 per share (being the last published NAV per share prior to this announcement) (the “Compulsory Redemption”).
  • of the Company’s issued share capital will be redeemed on the Redemption Date (the “Redemption Ratio”).
  • As a result, we have resolved to proceed in returning capital to shareholders promptly through the Fourth Capital Distribution announced today.

Capital Square Names Industry Veteran Jay Olander as President & CFO

Retrieved on: 
Monday, March 4, 2024

An established leader in the real estate industry with expertise in the REIT and multifamily sectors, Olander brings over 40 years of proven expertise to Capital Square.

Key Points: 
  • An established leader in the real estate industry with expertise in the REIT and multifamily sectors, Olander brings over 40 years of proven expertise to Capital Square.
  • "I am thrilled that Jay Olander, our colleague and friend, has joined the senior leadership at Capital Square," said Louis Rogers, founder and co-chief executive officer of Capital Square.
  • With his depth of experience, we aim to expedite the path Capital Square is on – to make Capital Square the best real estate company in the nation."
  • Prior to joining Capital Square, Olander was an independent director of Capital Square Apartment REIT, Inc. and the managing partner of Cornerstone Realty Advisors, LLC.

Starwood Capital Group Appoints Jonathan Pollack as President

Retrieved on: 
Monday, February 26, 2024

MIAMI, Feb. 26, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a global private investment firm with a primary focus on real estate, today announced that Jonathan Pollack will join the firm beginning in 2025 as its President, adding proven industry and investment expertise to Starwood Capital's executive leadership team as the firm prepares for its next chapter of growth.

Key Points: 
  • MIAMI, Feb. 26, 2024 /PRNewswire/ -- Starwood Capital Group ("Starwood Capital"), a global private investment firm with a primary focus on real estate, today announced that Jonathan Pollack will join the firm beginning in 2025 as its President, adding proven industry and investment expertise to Starwood Capital's executive leadership team as the firm prepares for its next chapter of growth.
  • Mr. Pollack joins Starwood Capital from Blackstone, where he served as Global Head of the firm's Real Estate Credit business (BREDS) since 2016.
  • "After an extensive search, I am extremely pleased to welcome an executive of Jonathan's caliber as President of Starwood Capital," said Barry Sternlicht, Chairman and CEO of Starwood Capital.
  • Jeffrey G. Dishner, President and Chief Operating Officer of Starwood Capital, will remain in his role as President until Mr. Pollack joins the firm, at which time he will assume the role of Vice Chairman and Head of Strategy and Business Development.