RECI Real Estate Credit Investments

Hardman & Co Q&A on Real Estate Credit Investments (RECI): Private credit momentum in the RECI context

Hardman & Co Research
Hardman & Co Q&A on Real Estate Credit Investments (RECI): Private credit momentum in the RECI context

27-Feb-2025 / 11:30 GMT/BST
The issuer is solely responsible for the content of this announcement.

Analyst interview  |  Diversified Financial Services

Q&A on Real Estate Credit Investments  |  Private credit momentum in the RECI context
 

Private credit is booming, with market size soaring from $1 trillion in 2020 to an expected $2.8 trillion by 2028. What does this mean for Real Estate Credit Investments (LON:RECI)?

Hardman & Co’s Mark Thomas breaks down the opportunities and risks, from the competitive edge RECI holds over banks and private credit funds to potential challenges from market sentiment and rising competition. With bank disintermediation accelerating and private credit reshaping financial markets, this interview sheds light on RECI’s positioning in a shifting finance sector.

Listen to the interview .

 

If you are interested in meeting the company, you can register your interest .
 

To contact us:

Hardman & Co
9 Bonhill Street

London

EC2A 4DJ

 

Follow us on X:

Analyst:

Mark Thomas



 

 



 

 

Hardman & Co Research can still be accessed for free after MiFID II. Please to read the statement.

About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.


Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
End of Announcement - EQS News Service

2092751  27-Feb-2025 

fncls.ssp?fn=show_t_gif&application_id=2092751&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
27/02/2025

Underlying

RECIReal Estate Credit Investments

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Real Estate Credit Investments

Mark Thomas
  • Mark Thomas
RECI Real Estate Cre...

Real Estate Credit Investments - Investor Day: opportunities aplenty

In previous reports, we have highlighted RECI’s downside resilience. Our key takeaway from the November Investor Day was the scale of RECI’s current opportunities. The key driver to the strong pipeline is the manager having the expertise and scale to access the least competitive sectors of real estate lending. By doing so, it can earn good returns (typically 8%-10% unleveraged) and only see a modest impact from whole-market dynamics. Regular repayments, both contractual and customers refinancing...

RECI REAL ESTATE CREDIT INVESTMENTS
12/02/25 December 2, 2025 1 EN
Mark Thomas ... (+2)
  • Mark Thomas
  • Yingheng Chen
ARBB Arbuthnot Banki...
RECI Real Estate Cre... ... (+6)

Hardman & Co Monthly: November 2025

Feature article: Feeding the future The case for food system investment Megatrends, at a very basic level, dictate the “direction of travel” for economic, social and political activity; investments made on this basis will receive powerful trend support. Today, the transformation of the global food system represents one such structural force. As demographic expansion, rising income and growing climate pressure converge, food sustainability as a strategic, long-term investment theme is no longe...

ARBB ARBUTHNOT BANKING GROUP
RECI REAL ESTATE CREDIT INVESTMENTS
ACSO ACCESSO TECHNOLOGY GROUP
VTAS VOLTA FINANCE (GBP)
ICGT ICG ENTERPRISE TRUST
A0MXLB NB PRIVATE EQUITY PARTNERS
10/31/25 October 31, 2025 1 EN
Brian Moretta ... (+2)
  • Brian Moretta
  • Mark Thomas
ARBB Arbuthnot Banki...
RECI Real Estate Cre... ... (+7)

Hardman & Co Monthly: October 2025

Feature article: Building tomorrow’s AI: How the UK will become the global architect of Trustworthy Intelligence In this month’s feature article, Professor Andy Pardoe, Professor of AI and Chair of the Deep Tech Innovation Centre at the University of Warwick, gives his perspective on the artificial intelligence (AI) industry and how it is advancing at an unprecedented pace, outstripping anything witnessed in previous decades. For researchers, industry leaders and investors, understanding the la...

ARBB ARBUTHNOT BANKING GROUP
RECI REAL ESTATE CREDIT INVESTMENTS
ACSO ACCESSO TECHNOLOGY GROUP
VTAS VOLTA FINANCE (GBP)
CSN CHESNARA PLC
ICGT ICG ENTERPRISE TRUST
A0MXLB NB PRIVATE EQUITY PARTNERS
10/01/25 October 1, 2025 1 EN
Mark Thomas
  • Mark Thomas
RECI Real Estate Cre...

Real Estate Credit Investments: What RECI brings to investors

In this note, we review what RECI brings to investors, specifically noting i) a near 10% dividend yield, significantly covered by recurring interest income and which has been maintained through multiple macro crises, ii) diversification of investors’ portfolios with an equity with low correlation to overall markets, iii) an experienced debt manager bringing competitive advantages in deal origination and risk management, iv) a diversified portfolio with proven downside resilience created by Cheyn...

RECI REAL ESTATE CREDIT INVESTMENTS
09/09/25 September 9, 2025 1 EN
Mark Thomas ... (+2)
  • Mark Thomas
  • Nigel Hawkins
ARBB Arbuthnot Banki...
RECI Real Estate Cre... ... (+6)

Hardman & Co Monthly: September 2025

Feature article: IICS/REIFS – NAV discounts and the ill wind from Denmark Since the start of 2024, the share prices of the eight Infrastructure Investment Companies (IICs) and of the 18 Renewable Energy Infrastructure Funds (REIFs) have been generally weak – and, conspicuously, have failed to recover the losses of 2023. Undoubtedly, high interest rates have undermined the sector – and there is no certainty that they will fall significantly. Not only has this situation adversely affected NAVs, b...

ARBB ARBUTHNOT BANKING GROUP
RECI REAL ESTATE CREDIT INVESTMENTS
ACSO ACCESSO TECHNOLOGY GROUP
VTAS VOLTA FINANCE (GBP)
ICGT ICG ENTERPRISE TRUST
A0MXLB NB PRIVATE EQUITY PARTNERS
09/02/25 September 2, 2025 1 EN

ResearchPool Subscriptions

Get the most out of your insights

Get in touch