Real estate fund 8.8% dividend income, £437m robust investments (LON:RECI)

Real Estate Credit Investments

Real Estate Credit Investments Ltd (LON:RECI), a non-cellular company incorporated in Guernsey, has announced that its Investment Manager’s monthly Fact Sheet as at 31 January 2023 is now available:

The highlights of the monthly update are provided below:

· NAV as at 31 January 2023 was £1.495 per share, representing an increase of 1.3p per share from the 31 December 2022 NAV of £1.482 per share.

· The change in NAV per share was due to:-

  • 1.1p of interest income; and
  • 0.2p of positive mark-to-market (‘MTM’) adjustments across the bond portfolio.

· During the month of January 2023, RECI released its company update presentation for the quarter ended December 2022.

· Real Estate Credit Investments expects to deploy its currently available cash resources in near term commitments and continues to see a growing pipeline of senior loans at attractive floating rates.

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