Hardman & Co Research: Real Estate Credit Investments (RECI): Improving returns on new opportunities

 
 Hardman & Co Research 
Hardman & Co Research: Real Estate Credit Investments (RECI): Improving 
returns on new opportunities 
 
14-Sep-2020 / 07:15 GMT/BST 
 
       Hardman & Co Research: Improving returns on new opportunities 
 
   RECI released its quarterly investor update on 17 August and factsheet on 8 
September. This note updates investors with the key developments in both these 
   documents. The key messages are i) robust performance of existing portfolio 
   through COVID-19, ii) full interest and capital repayments expected on bond 
 portfolio, iii) strong volume in investment pipeline, iv) lower-risk business 
    is being added, v) pricing on new business 2%-5% above pre-COVID-19 levels 
   like-for-like, vi) low gearing, and vii) stable dividends. All this appears 
              anomalous with the 17% discount to NAV. 
 
              Please click on the link below for the full report: 
 
https://www.hardmanandco.com/research/corporate-research/improving-returns-on- 
new-opportunities/ [1] 
 
If you are interested in meeting the company, you can register your interest 
by clicking on the above link 
 
To contact us:              Contact: 
 
Hardman & Co                Mark Thomas      [e-mail] 
35 New Broad Street 
London 
EC2M 1NH 
 
                            [phone] 
www.hardmanandco.com 
 
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End of Announcement - EQS News Service 
 
1130633 14-Sep-2020 
 
 
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2: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5a632f52f80bd372265e4041a743aa1c&application_id=1130633&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

September 14, 2020 02:15 ET (06:15 GMT)