Real Estate Credit Investments (LON:RECI), is the topic of conversation when Mark Thomas Analyst at Hardman & Co discusses his recent report entitled ‘French and German exposures in perspective.
Mark highlights the conservative accounting practices in light of recent unexpected unrealised losses in French and minimal German exposures, explains the impact of post-COVID-19 shifts on French property investments and contrasts the impaired projects with other more stable French exposures, noting the diversity and quality of the latter and the German exposure also mentioned as being modest but similarly managed.
Real Estate Credit Investments is a closed-ended investment company which originates and invests in real estate debt which is secured by commercial or residential properties in Western Europe, – focusing primarily on the United Kingdom, France and Germany.
