Real Estate Credit Investments Limited (LON:RECI), a listed investment company paying a regular quarterly high dividend, has announced that its Investment Manager’s monthly Fact Sheet as at 31 January 2024 is now available.
– As at 31 January 2024, the Company was invested in a diversified portfolio of 34 investments with a valuation of £307.1m.
– The Company reported a MTM uplift on its Market Bond Portfolio of 0.3p for January 2024.
– Cheyne released its latest Company Update on Monday 5 February 2024.
– RECI continues to use its cash to invest in its existing commitments in highly accretive wider opportunities in senior mortgage lending.
– Cash Balance as at 31 January 2024 was £22.7m.
– A full attribution of changes in the NAV per share is presented in the table:
| December NAV | 144.2p |
| Interest income | 1.1p |
| Asset valuations | 0.3p |
| FX | 0.1p |
| Expenses | (0.2)p |
| Dividend | 0.0p |
| January NAV | 145.5p |
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.
