Real Estate Credit Investments (RECI) continues to distinguish itself in a market where many peers are faltering, a point increasingly recognised by investors. In the second instalment of a two-part series, Hardman & Co analyst Mark Thomas hosts an investor Q&A session with RECI Chairman Andreas Tautscher and Cheyne Capital’s CIO Ravi Stickney (RECI’s manager), who outline why the fund secured overwhelming shareholder backing to continue.
They discuss how structural shifts across the real estate sector are shaping pricing dynamics and outline the confidence with which RECI is managing refinancing risk. The discussion also explores the tactical advantages driving recoveries, the rationale behind selective share buybacks, and the ways in which RECI’s lending model has been deliberately designed for the realities of today’s market rather than those of the past.
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RECI is a London-listed investment company focused on real estate-backed credit, delivering diversified yield via exposure to European real estate loans originated and managed by Cheyne Capital.
You can watch the Investor Presentation (part 1) of this interview, here
