Top real estate investment fund RECI portfolio hits over £300 million

Real Estate Credit Investments Limited (LON:RECI), a non-cellular company incorporated in Guernsey, has announced that its Investment Manager’s monthly Fact Sheet as at 31 August 2024 is now available.

  –             As at 31 August 2024, the Company was invested in a diversified portfolio of 26 investments with a valuation of £301.8m.
    –             Cash Balance was £24.2m. Net effective leverage was 17.9%.
    –             RECI continues to use its cash to invest into new and existing loan commitments and carry out share buybacks.
    –            A full attribution of changes in the NAV per share is presented in the table:
July NAV146.5p
Interest income1.2p
Asset valuations0.0p
FX0.1p
Expenses-0.3p
Share Buybacks0.1p
August NAV147.5p
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