t
Real Estate Credit Investments Limited (RECI) announced on 28 October 2026 that its monthly Fact Sheet as of 30 September 2026 is available, reporting a portfolio valuation of £283.6 million across 24 investments, £11.2 million in available cash, and 30.3% net effective leverage. During September 2026, RECI's NAV decreased from 138.8p to 135.1p per share, driven primarily by a 3.0p dividend payment and a 1.6p reduction in asset valuations. Additionally, the company committed £5.0 million to a senior development loan for a flex-living scheme in Spain, scheduled to fund in November 2026.
| Date | 28 Oct 2026 |
| Time | 07:00:04 |
| Category | Miscellaneous |
| ID | 6852A |
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 September 2026 is now available on the Company's website at:
https://realestatecreditinvestments.com/investors/fact-sheets/#currentPage=1
MONTHLY UPDATE
As at 30 September 2026, the Company was invested in a diversified portfolio of 24 investments with a valuation of £283.6m. The Company’s available cash was £11.2m, net effective leverage was 30.3% and has £8.3m invested in Cash Equivalents (MMF).
RECI committed £5.0m to a senior development loan for the development of a flex-living scheme in Spain, which is due to fund in November 2026.
ASSET VALUATIONS
During the month, the primary cause for NAV movement was the widening yield applied to senior loan positions that have equity upside participation notes. These equity participation notes are subject to equity valuations and will move with market conditions, which include asset net initial yield assumptions from independent valuers.
|
August NAV |
138.8p |
|
Interest income |
1.0p |
|
Asset valuations |
(1.6)p |
|
FX |
0.1p |
|
Expenses |
(0.2)p |
|
Dividend |
(3.0)p |
|
September NAV |
135.1p |
For further information please contact:
|
Broker: |
David Yovichic / Tom Skinner (Investec Bank plc) |
+44 (0)20 7597 4000 |
|
Investment Manager: |
[email protected] (Cheyne) |
+44 (0)20 7968 7450 |