RECI reports November NAV of 142.4p and maintains quarterly dividend

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 November 2025 is now available:

MONTHLY UPDATE

As at 30 November 2025, the Company was invested in a diversified portfolio of 24 investments with a valuation of £281.9m. The Company’s available cash was £31.8m and net effective leverage was 28.0%.

In the month, a Core+ senior loan for hotels and spas in the UK was fully repaid and realised £19.6m gross proceeds (7.0% IRR), and £35.7m was committed into a senior profit participating loan to refinance the same portfolio of assets.

October NAV141.5p
Interest income1.0p
Asset valuations(0.1)p
FX0.1p
Expenses(0.1)p
November NAV142.4p

ASSET VALUATIONS

Movements in NAV due to asset valuations amounted to negative £0.1m in the month. These related primarily to the write downs to the French office loans.

Asset Valuations 
French Offices(0.3)p
Other0.2p
Total(0.1)p
Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

Real Estate Credit Investments maintains dividend as credit remains resilient

Mark Thomas reviews RECI’s FY26 performance, highlighting its 12p annual dividend, conservative leverage, 92% performing portfolio and options for improving earnings and dividend coverage.

UK real estate offers selective opportunities

UK real estate is becoming more selective, with income quality, location and pricing driving the strongest opportunities.

Real Estate Credit Investments builds a compelling property income case

Real Estate Credit Investments combines a 10.3% yield, quarterly income and a 15% discount, with added potential from stronger specialist lending conditions.

Commercial property enters a new phase of selective growth

Commercial property demand is strengthening around modern warehouses, prime offices, adaptable retail assets and digital infrastructure as occupiers place greater value on quality, location and technology.

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.

Search