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 November 2022 is now available:
The highlights of the monthly update are provided below:
| · | NAV as at 30 November 2022 was £1.502 per share, representing an increase of 1.2p per share from the 31 October 2022 NAV of 1.490 per share. |
| · | The 3.0p quarterly dividend went ex on 1 December 2022 and will be reflected in the NAV update for 31 December 2022. |
| · | The change in NAV per share was due to:- |
| Ø 1.1p of interest income; and | |
| Ø 0.1p of positive mark-to-market (‘MTM’) adjustments across the bond portfolio. | |
| · | During the month of November 2022, RECI released its interim report for the half year ended September 2022. |
| · | The Company 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. |
Real Estate Credit Investments (LON RECI) is a specialist investor in European real estate credit markets with a focus on fundamental credit and value.
