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 July 2025 is now available:
As at 31 July 2025, the Company was invested in a diversified portfolio of 22 investments with a valuation of £301.2m.
The Company’s available cash was £20.3m and net effective leverage was 30.9%.
During the month two positions repaid in full:
– A senior loan to refinance a later living development in London realised c£22.0m gross proceeds, 8.1% unlevered IRR.
– A senior loan for the development of later living build-to-sell assets across three locations in the UK realised c. £12.5m gross proceeds, 9.3% unlevered IRR.
A full attribution of changes in the NAV per share is presented in the table:
| June NAV | 146.6p |
| Interest income | 0.8p |
| Asset valuations | -0.6p |
| FX | 0.1p |
| Expenses | -0.2p |
| Dividend | -3.0p |
| July NAV | 143.7p |
