NEW YORK, March 15, 2016 /PRNewswire/ -- NorthStar Realty Europe Corp. (NYSE: NRE) ("NorthStar Realty Europe") today announced that its Board of Directors has declared a cash dividend of $0.15 per share of common stock, payable with respect to the quarter ended December 31, 2015. The dividend is expected to be paid on April 1, 2016 to shareholders of record as of the close of business on March 28, 2016. NorthStar Realty's common shares will begin trading ex-dividend on March 23, 2016.
NorthStar Realty Europe Corp.(NYSE: NRE) is a European-focused commercial real estate company with predominantly high quality office properties in the Germany, the United Kingdom and France, organized as a REIT and managed by an affiliate ofNorthStar Asset Management Group Inc.(NYSE: NSAM), a global asset management firm. For more information aboutNorthStar Realty Europe Corp., please visit www.nrecorp.com.
Safe Harbor Statement
Certain items in this press release may constitute forward-looking statements, which can be identified by words like "expect," "will," "intends" and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements;NorthStar Realty Europecan give no assurance that its expectations will be attained, including any expectation regarding payment of dividends. Forward-looking statements are necessarily speculative in nature, and it can be expected that some or all of the assumptions underlying any forward-looking statements will not materialize or will vary significantly from actual results. Variations of assumptions and results may be material. Factors that could cause actual results to differ materially fromNorthStar RealtyEurope's expectations include, but are not limited to,NorthStar Realty Europe'sliquidity and financial flexibility;NorthStar Realty Europe's future cash available for distribution and contractual restrictions on dividend payments;NorthStar Realty Europe'suse of leverage; and the anticipated strength and growth ofNorthStar Realty Europe'sbusiness. Factors that could cause actual results to differ materially from those in the forward-looking statements are specified inNorthStar Realty Europe'sRegistration Statement on Form S-11 (333-205440) and its other filings with theSecurities and Exchange Commission. Such forward-looking statements speak only as of the date of this press release.NorthStar Realty Europeexpressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in its expectations with regard thereto or change in events, conditions or circumstances on which any statement is based.
