Real Estate income fund,10.3% dividend yield April Factsheet
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 30 April 2024 is now available on the Company’s website at:
| – | As at 30 April 2024, the Company was invested in a diversified portfolio of 31 investments with a valuation of £309.6m. |
| – | Cash Balance as at 30 April 2024 was £20.9m. Net effective leverage is 2.2%. |
| – | RECI continues to use its cash to invest in its existing commitments in highly accretive wider opportunities in senior mortgage lending. |
| – | As at 30 April 2024, there are 225.2m shares with voting rights in issue, reflecting a NAV per share of 145.9p. |
| – | A full attribution of changes in the NAV per share is presented in the table: |
| March NAV | 144.5p |
| Interest income | 1.1p |
| Asset valuations | -0.0p |
| FX | 0.1p |
| Expenses | -0.2p |
| Buyback | 0.4p |
| April NAV | 145.9p |
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.
