Source - LSE Regulatory
RNS Number : 3830C
Real Estate Credit Investments Ltd
08 February 2024
 

Real Estate Credit Investments Limited

 

Investment Manager Fact Sheet

 

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

 

https://realestatecreditinvestments.com/investors/fact-sheets/#currentPage=1

 

-      As at 31 January 2024, the Company was invested in a diversified portfolio of 34 investments with a valuation of £307.1m.

-      The Company reported a MTM uplift on its Market Bond Portfolio of 0.3p for January 2024.

-      Cheyne released its latest Company Update on Monday 5 February 2024.

-      RECI continues to use its cash to invest in its existing commitments in highly accretive wider opportunities in senior mortgage lending.

-      Cash Balance as at 31 January 2024 was £22.7m.

-      A full attribution of changes in the NAV per share is presented in the table:

 

December NAV

144.2p

Interest income

1.1p

Asset valuations

0.3p

FX

0.1p

Expenses

(0.2)p

Dividend

0.0p

January NAV

145.5p

 

For further information please contact:

 

Broker:

Richard Crawley / Edward Mansfield (Liberum Capital)

+44 (0)20 3100 2222

Investment Manager:

Richard Lang (Cheyne)       

+44 (0)20 7968 7328

 

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