Starwood European Real Estate Finance | Charges

1.1

1.1

31/12/2023

Download the AIC ongoing charge methodology

Management fee which shall be calculated and accrued monthly at a rate equivalent to 0.75% p.a. of NAV, payable quarterly in arrears. The Investment Manager will be entitled to an asset origination fee of 0.75% of the value of all new loan investments made or acquired by the Company. Investment Management Agreement is terminable by either the Investment Manager or the Company giving to the other not less than 12 months written notice. Performance Fee is 20% when the NAV of the Company plus the total of all dividends declared and paid to Ord Shareholders in the end of the two year period, is equal to the NAV of the Company at the start of each two year measurement period, as increased by 8% p.a., on a simple interest basis. No performance fee will be payable in relation to performance that recoups previous losses (if any).

Yes

20

Performance Fee is 20% when the NAV of the Company plus the total of all dividends declared and paid to Ord Shareholders in the end of the two year period, is equal to the NAV of the Company at the start of each two year measurement period, as increased by 8% p.a., on a simple interest basis. No performance fee will be payable in relation to performance that recoups previous losses (if any).