Real estate investment fund has “no US office exposure” says Hardman (LON:RECI)

Real Estate Credit Investments

Real Estate Credit Investments Ltd (LON:RECI) announced their latest factsheet at 30 September 2023. 

As at 30 September 2023, the Company was exposed to a diversified, partially inflation protected portfolio of 45 investments with a valuation of £334m.

A dividend of 3.0p per share was declared on 14 September 2023 and paid on 13 October 2023. A full attribution of changes in the NAV per share is presented in the table in the factsheet.

In Hardman’s latest research note of 9 September 2023, analysts noted that Real Estate Credit Investments has limited office exposure and none in the US – the sector most exposed to working from home. In its investment summary, it noted, “RECI generates an above-average dividend yield from well-managed credit assets.” Read the full research note here.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Real Estate Credit Investments reports June NAV of 140.6p

Real Estate Credit Investments reports June fact sheet availability, portfolio valuation, cash position and month-end net asset value movements.

Real Estate Credit Investments (RECI) FY’26 results: High yield, clear path to dividend cover

Real Estate Credit Investments maintained its 3p quarterly dividend, offering a 10.3% yield, while outlining routes to restore dividend cover. Credit performance remains strong, leverage is conservative and the shares continue to trade at a substantial discount to NAV.

Real estate credit moves further into focus

A clear look at how secured property lending supports income, diversification and capital protection in a higher-rate market.

Real Estate Credit Investments draws attention as income focus returns

Real Estate Credit Investments is drawing attention as its double-digit yield puts credit income and dividend sustainability back in focus.

Real estate credit enters a more selective phase

European real estate debt is becoming more selective, placing greater emphasis on loan quality, security and manager discipline for investors seeking property-backed income.

RECI reports 5.7% YTD total NAV return, 10.3% dividend yield

Real Estate Credit Investments reports a diversified portfolio, cash position and May NAV movement in its latest monthly fact sheet update.

Search