Real Estate Credit Investments (LON:RECI) is a specialist investor in UK and European real estate credit markets with a focus on fundamental credit and value.
RECI Investment Objective
Real Estate Credit Investments is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.
The Company’s aim is to deliver a stable quarterly dividend with minimal volatility, across economic and credit cycles, through a levered exposure to real estate credit investments. Investments are predominantly in:
- Self Originated Deals: predominantly bilateral senior real estate loans
- Market Bonds: listed real estate debt securities such as Commercial Mortgage Backed Securities (CMBS) bonds
What RECI offers
1. Defensive credit exposure to UK and European real estate markets
– Stable dividend delivered consistently since October 2013
2. Granular portfolio with detailed disclosure – 61 positions
3. Attractive and stable income in a low rate environment
– Consistent portfolio yield of 7%+ offering a significant buffer to risk-free rates – A high-yielding portfolio, combined with a short weighted average life, ensures minimal exposure to yield widening and the ability to redeploy at higher rates quickly
4. Access to Cheyne’s established real estate investment team and substantial origination pipeline
Website:
www.realestatecreditinvestments.com
