S
tarwood European Real Estate Finance (GB:SWEF) has issued an update following a significant impairment of its €25.9 million loan tied to a Dublin office portfolio. The write-down, attributed to difficult market conditions, totals 50% of the loan's value. Despite this setback, the company remains focused on recovering as much value as possible and is working closely with stakeholders.

    This adjustment has resulted in a decrease in net asset value, reflecting ongoing uncertainty in the real estate market.