Hardman & Co Research on Real Estate Credit...

Hardman & Co Research
Hardman & Co Research on Real Estate Credit Investments (RECI): Looking at the current opportunities

09-Feb-2023 / 14:45 GMT/BST


Hardman & Co Research on Real Estate Credit Investments (RECI):

Looking at the current opportunities

 

Our recent notes have, in the main, focused on why RECI should prove resilient in uncertain times, given its credit processes, high-quality security, low exposure to high-risk sectors, diversity and management of problem accounts. In this note, we explore the upside opportunities such conditions present. In particular, we note i) improving yields on new business, helped by the relatively short contractual (and even shorter actual) duration of the loan book, and ii) improving covenants. As competitors with weaker balance sheets, less focused business models, higher capital requirements and worse historical loss experiences withdraw, so RECI can cherry-pick higher risk-return opportunities.

 

Please click on the link below for the full report:

https://hardmanandco.com/research/corporate-research/looking-at-the-current-opportunities/

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Contact:

Mark Thomas

Mike Foster



+44(0)203 693 7075

 

mt@hardmanandco.com
mf@hardmanandco.com
 

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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.



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End of Announcement - EQS News Service

1556441 09-Feb-2023 

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