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 31 July 2023 is now available below.
As at 31 July 2023, the Company was exposed to a diversified, partially inflation protected portfolio of 45 investments with a valuation of £318m. The fourth interim dividend for the year of 3p per share was paid in the month.
A full attribution of changes in the NAV per share is presented in the table:
June NAV | 149.9p |
Interest income | 1.0p |
Asset valuations | 0.6p |
FX | 0.1p |
Expenses | (0.2)p |
Dividend payment | (3.0)p |
July NAV | 148.4p |
Real Estate Credit Investments (RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in the United Kingdom and Western Europe. The Investment Objective of the Company is to provide Shareholders with attractive and stable returns, primarily in the form of quarterly dividends, by exposure to a diversified portfolio of real estate credit investments, predominantly comprising real estate loans and bonds.