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 April 2025 is now available:
As at 30 April 2025, the Company was invested in a diversified portfolio of 22 investments with a valuation of £297.9m. The Company’s available cash was £25.1m and net effective leverage was 18%.
During the month, Real Estate Credit Investments invested £3.2m (gross) in senior secured floating notes issued by a UK housebuilder.
Additionally, the Company bought back 200,0000 shares at 120.0p per share.
A full attribution of changes in the NAV per share is presented in the table:
March NAV | 143.4p |
Interest income | 0.9p |
Asset valuations | 0.6p |
FX | 0.0p |
Expenses | -0.2p |
Buybacks | 0.1p |
April NAV | 144.8p |