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 30 September 2025 is now available:
As at 30 September 2025, the Company was invested in a diversified portfolio of 23 investments with a valuation of £279.5m.
The Company’s available cash was £41.4m and net effective leverage was 24.3%.
In the month, the repayment of a senior loan for the acquisition and development of industrial sites in the UK realised c.£59.9m gross proceeds (8.7% IRR), of which £15.8m was redeployed into a senior loan on a pool of assets for the same borrower. This is a Core+ loan on assets known to Cheyne, offering an attractive risk spread.
A full attribution of changes in the NAV per share is presented in the table:
| August NAV | 144.4p |
| Interest income | 0.9p |
| Asset valuations | -0.5p |
| FX | 0.1p |
| Expenses | -0.2p |
| Dividend | -3.0p |
| September NAV | 141.7p |
