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| TIDM | RECI |
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Real Estate Credit Investments Limited (RECI) announced on 10 September 2024 the availability of its Investment Manager's monthly Fact Sheet as at 31 August 2024. As of that date, RECI's portfolio comprised 26 investments valued at £301.8m, with a cash balance of £24.2m and net effective leverage of 17.9%. The August NAV per share was 147.5p, up from 146.5p in July, and RECI continues to use cash for new and existing loan commitments and share buybacks.
| Date | 10 Sept 2024 |
| Time | 07:01:00 |
| Category | Miscellaneous |
| ID | 5471D |
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
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As at 31 August 2024, the Company was invested in a diversified portfolio of 26 investments with a valuation of £301.8m. |
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Cash Balance was £24.2m. Net effective leverage was 17.9%. |
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RECI continues to use its cash to invest into new and existing loan commitments and carry out share buybacks. |
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A full attribution of changes in the NAV per share is presented in the table: |
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July NAV |
146.5p |
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Interest income |
1.2p |
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Asset valuations |
0.0p |
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FX |
0.1p |
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Expenses |
-0.3p |
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Share Buybacks |
0.1p |
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August NAV |
147.5p |
For further information please contact:
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Broker: |
Darren Vickers / Alex Collins (Panmure Liberum) |
+44 (0)20 3100 2222 |
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Investment Manager: |
RECIIR@cheynecapital.com (Cheyne) |
+44 (0)20 7968 7450 |