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| TIDM | RECI |
| Share Price | Loading... |
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Real Estate Credit Investments Limited (RECI) announced its Investment Manager's Fact Sheet for 30 April 2025, detailing a portfolio of 22 investments valued at £297.9m, available cash of £25.1m, and net effective leverage of 18%. During the month, RECI invested £3.2m (gross) in senior secured floating notes and bought back 2,000,000 shares at 120.0p per share. The Company's NAV per share increased from 143.4p in March to 144.8p in April.
| Date | 19 May 2025 |
| Time | 07:00:09 |
| Category | Miscellaneous |
| ID | 0655J |
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 30 April 2025 is now available on the Company's website at:
https://realestatecreditinvestments.com/investors/fact-sheets/#currentPage=1
As at 30 April 2025, the Company was invested in a diversified portfolio of 22 investments with a valuation of £297.9m. The Company's available cash was £25.1m and net effective leverage was 18%.
During the month, RECI invested £3.2m (gross) in senior secured floating notes issued by a UK housebuilder.
Additionally, the Company bought back 200,0000 shares at 120.0p per share.
A full attribution of changes in the NAV per share is presented in the table:
|
March NAV |
143.4p |
|
Interest income |
0.9p |
|
Asset valuations |
0.6p |
|
FX |
0.0p |
|
Expenses |
-0.2p |
|
Buybacks |
0.1p |
|
April NAV |
144.8p |
For further information please contact:
|
Broker: |
Darren Vickers / Alex Collins (Panmure Liberum) |
+44 (0)20 3100 2222 |
|
Investment Manager: |
RECIIR@cheynecapital.com (Cheyne) |
+44 (0)20 7968 7450 |