REG - Real Est Crd InvsLtd - Fact Sheet Announcement

Real Estate Credit InvestmentsAnnouncement

10/09/2024 07:15

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RNS Number : 5471D  Real Estate Credit Investments Ltd  10 September 2024

Real Estate Credit Investments Limited

 

Investment Manager Fact Sheet

 

Real Estate Credit Investments Limited (the "Company" or "RECI"), a
non-cellular company incorporated in Guernsey, is pleased to announce that its
Investment Manager's monthly Fact Sheet as at 31 August 2024 is now available
on the Company's website at:

 

https://realestatecreditinvestments.com/investors/fact-sheets/#currentPage=1
(https://gbr01.safelinks.protection.outlook.com/?url=https%3A%2F%2Frealestatecreditinvestments.com%2Finvestors%2Ffact-sheets%2F%23currentPage%3D1&data=05%7C01%7CKitten.Ozanne%40aztecgroup.co.uk%7Cc57d48098cc044cef33c08db46fca8cf%7C5f75785019e44329bc48045f1fe3eecd%7C0%7C0%7C638181823255240174%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=JzKf39S6BljvT2QFxbzoEHbH6r8sSJr4LQWAgj3xfgk%3D&reserved=0)

 

     -                              As at 31 August 2024, the Company was invested in a diversified portfolio of
                                    26 investments with a valuation of £301.8m.
     -                              Cash Balance was £24.2m. Net effective leverage was 17.9%.
     -                              RECI continues to use its cash to invest into new and existing loan
                                    commitments and carry out share buybacks.
     -                              A full attribution of changes in the NAV per share is presented in the table:

 

 July NAV          146.5p
 Interest income   1.2p
 Asset valuations  0.0p
 FX                0.1p
 Expenses          -0.3p
 Share Buybacks    0.1p
 August NAV        147.5p

 

 

For further information please contact:

 

 Broker:              Darren Vickers / Alex Collins (Panmure Liberum)             +44 (0)20 3100 2222
 Investment Manager:  RECIIR@cheynecapital.com (mailto:RECIIR@cheynecapital.com)  +44 (0)20 7968 7450
                      (Cheyne)

 

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