RECI – Strong balance sheet to target highly accretive real estate opportunities

Real Estate Credit Investments Limited (LON:RECI), a listed investment company paying a regular quarterly high dividend, has announced that its Investment Manager’s monthly Fact Sheet as at 31 January 2024 is now available.

–      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.

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