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Starwood raises £43m for pipeline

Starwood-THUMB.jpegStarwood European Real Estate Finance has raised £43.5m through a new share offering.

The European lending arm of the US private equity house made a placing of 42.3m shares at 102.75p.

As with previous issues, the funds will be used to fund a pipeline of lending due to close in the near future.

The company was advised by Dexion Capital.

mike.cobb@estatesgazette.com

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