Source - DGAP Regulatory

Hardman & Co Research
Hardman & Co Research on Real Estate Credit Investments (RECI): Double tangible security

13-Jun-2023 / 12:05 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on Real Estate Credit Investments (RECI):

Double tangible security

 

Our recent notes, in the main, have focused on why RECI should prove resilient in uncertain times, given its credit processes, high-quality security, low exposure to high-risk sectors, diversity and management of problem accounts. Market turbulence has reduced competition, and there is distinct upside, particularly in moderate-risk development loan positions. In this note, our property analyst considers the underlying real estate security, and concludes that i) potentially more difficult asset-classes are well underpinned by appropriate loan-to-value (LTV) ratios, ii) the geography and asset-class profile is good, and iii) there is strong evidence of RECI’s value-add, for example, but not exclusively, with its developer loans.

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/double-tangible-security/

If you are interested in meeting the company, you can register your interest by clicking on the above link

To contact us:

Hardman & Co
1 Frederick’s Place

London

EC2R 8AE

www.hardmanandco.com

Follow us on Twitter @HardmanandCo

Contact:

Mike Foster



+44(0)203 693 7075

 

mf@hardmanandco.com

 

Hardman & Co Research can still be accessed for free after MiFID II. Please click here to read the statement.

About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1655501  13-Jun-2023 

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