Real Estate Credit Investments portfolio valued at £309.1m in June 2025

Real Estate Credit Investments

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 June 2025 is now available:

As at 30 June 2025, the Company was invested in a diversified portfolio of 24 investments with a valuation of £309.1m.

The Company’s available cash was £16.6m and net effective leverage was 24.3%.

During the month, Real Estate Credit Investments committed £21.3m into a loan for the development of two logistics assets in Italy. A further £25.9m was committed into a loan for the acquisition of a newly built hotel in Spain. This deal is due to fund in July 2025.

A full attribution of changes in the NAV per share is presented in the table:

May NAV145.6p
Interest income0.9p
Asset valuations0.2p
FX0.1p
Expenses-0.2p
June NAV146.6p
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Real Estate Credit Investments: What RECI brings to investors

Real Estate Credit Investments offers a near 10% dividend yield backed by recurring interest income, with a track record of stability through various market cycles. Investors gain exposure to a well-managed, low-correlation credit portfolio with downside protection, managed by experienced debt specialists at Cheyne Capital.

9.6% dividend yield: RECI is one of the UK top dividend stocks

Real Estate Credit Investments posted a dividend yield of 9.6% in its August 2025 factsheet, with a diversified portfolio of 23 investments valued at £307.9m. The company committed £17.1m during the month to support the lease-up of a Canary Wharf office building, while net effective leverage stood at 34.7%

Real Estate Credit Investments delivers £34.5m loan repayments and stable NAV

Real Estate Credit Investments posted a NAV of 143.7p per share as at 31 July 2025, with a diversified portfolio of 22 investments valued at £301.2m. During the month, two senior loans repaid in full, realising gross proceeds of £34.5m at unlevered IRRs of 8.1% and 9.3%

Real Estate Credit Investments posts 2025 AGM circular

Real Estate Credit Investments has issued its 2025 AGM circular and proxy form to shareholders. The meeting will take place on 17 September 2025 at East Wing, Trafalgar Court, St. Peter Port, Guernsey, with documents available via the National Storage Mechanism.

Real Estate Credit Investments Investor Day, 8 September 2025

The event will cover an overview of Cheyne Real Estate, UK and European real estate lending challenges and opportunities, RECI’s current portfolio and outlook, and portfolio case studies.

Real Estate Credit Investments portfolio valued at £309.1m in June 2025

As at 30 June 2025, RECI held a diversified portfolio valued at £309.1m, with available cash of £16.6m and net effective leverage of 24.3%. NAV per share rose from 145.6p to 146.6p.

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