Real Estate Credit Investments Limited (LON:RECI), a listed investment company paying a regular quarterly high dividend, has announced that the Investment Manager’s Q3 Investor Presentation is now available.
An extract from the Summary section of the presentation is set out for investors in the Appendix to this announcement.
Appendix: Q3 Investor Presentation Extract
Key Quarter Updates
• Portfolio
‒ Total NAV Return for the quarter: -0.6% / Total NAV Return to Q3 2023 : +4.1%
‒ During the quarter, one UK loan fully repaid, realising net proceeds of £9.4m, and providing headroom to invest in new deals at enhanced IRRs
‒ Rotation of market bond portfolio into strong senior loans with attractive returns