Real Estate Credit Investments Limited

Type: Company

Name: Real Estate Credit Investments Limited

First reported Jun 13 2013 - Updated Jun 13 2013 - 2 reports

Torchlight business big boost for PGC's profit

Pyne Gould Corporation has flagged a $30 million profit for the June year, boosted by asset sales.The Canterbury investment firm has sold most of its businesses to focus on its Torchlight asset management operation.PGC managing director George Kerr said ... [Published stuff.co.nz - Jun 13 2013]

Entities: Heartland New Zealand Ltd, Pyne Gould Corporation Limited, Real Estate Credit Investments Limited, PGG Wrightson Ltd

First reported Jun 12 2013 - Updated Jun 12 2013 - 1 reports

Pyne Gould FY profit to be about $30 mln after asset sales

Pyne Gould says FY profit to be about $30 mln after asset salesJune 13 (BusinessDesk) - Pyne Gould, the asset management firm controlled by George Kerr, says it will return to profit this year on gains from assets sales after an impairment-driven loss ... [Published Scoop - Jun 12 2013]

Entities: Pyne Gould Corporation Limited, Heartland New Zealand Ltd, Real Estate Credit Investments Limited, PGG Wrightson Ltd

First reported Jun 07 2013 - Updated Jun 07 2013 - 1 reports

RECI reports profit of GBP19m

Real Estate Credit Investments has reported a net profit of GBP19m for the year ended 31 March 2013, including a profit of GBP5.9m in the fourth quarter of the financial year.The real estate bond portfolio recorded mark-to-market (MTM) profit of GBP5.1m ... [Published Property Funds World - Jun 07 2013]

Entities: Fiscal Year, Mark-to-market, Real Estate, yield

First reported Jun 07 2013 - Updated Jun 07 2013 - 4 reports

Real Estate Credit Investments PCC Ltd Declares Dividend

Real Estate Credit Investments PCC Ltd announced that it has declared a Cell ordinary dividend for ERII for the period January 1, 2013 to March 31, 2013 of GBP0.03 cents per share (a total amount of EUR556,341). The dividend is to be paid on July 12, ... [Published Reuters - Jun 07 2013]

Entities: Real Estate Credit Investments Limited, Dividend, T Cell

First reported Jun 07 2013 - Updated Jun 07 2013 - 1 reports

Fuller Smith & Turner Plc

FTSE 100 tipped to open flat to slightly higher this morning

PRE-OPEN REPORT: The headline index is tipped to open flat to slightly higher this morning, according to financial websites, with no blue chip earnings to study and investors cautious ahead of US jobs data.US & ASIAIn the US last night, the Dow rose 80 ... [Published MoneyAM - Jun 07 2013]

Entities: FTSE 100, Volga Gas PLC, Fuller Smith & Turner Plc, Real Estate Credit Investments Limited, Central Rand Gold Ltd

First reported Jun 07 2013 - Updated Jun 07 2013 - 1 reports

Sumitomo Osaka Cement Co Ltd

Japanese Market Trades Lower On Weak Dollar

The Japanese stock market opened sharply lower on Friday with a weak U.S. dollar triggering some heavy selling in early trades.Automobile, banking, steel, non-ferrous metals and precision instruments stocks opened on a weak note and are still mostly down ... [Published RTTNews.com - Jun 07 2013]

Entities: Dollar Weaker, Market, US Dollar, Sumitomo Osaka Cement Co Ltd

First reported Jun 06 2013 - Updated Jun 06 2013 - 1 reports

KCOM Group Plc

Company Events - Tomorrow's Events

07/06/2013 Real Estate Credit Investments Ltd (RECI)07/06/2013 KCOM Group PLC (KCOM)07/06/2013 Hornby PLC (HRN)07/06/2013 Fuller Smith & Turner PLC (FSTA)07/06/2013 Regal Petroleum PLC (RPT)07/06/2013 Shaft Sinkers Holdings Plc (SHFT)07/06/2013 Third ... [Published MoneyAM - Jun 06 2013]

Entities: KCOM Group Plc, Volga Gas PLC, Fuller Smith & Turner Plc, Real Estate Credit Investments Limited

First reported Jun 06 2013 - Updated Jun 06 2013 - 1 reports

Heartland cuts ties with Kerr

Heartland New Zealand has announced a NZ$18 million write-down of bad real estate loans inherited from its formation, in 2011, when property financier Marac merged with two building societies and a rural lender.Heartland originally carved off $139 million ... [Published Banking Day - Jun 06 2013]

Entities: Heartland New Zealand Ltd, Pyne Gould Corporation Limited, Real Estate Credit Investments Limited

First reported Jun 04 2013 - Updated Jun 05 2013 - 5 reports

Heartland shares hit 2-year high as market embraces $18m write-down

has changed its business strategy and will book an $18 million write-down on distressed loans and investments, which will this financial year result in its after-tax profit cut from an estimated $25 million to $7 million.However, the move was embraced ... [Published Otago Daily Times - Jun 05 2013]

Entities: Writedowns, Stocks, Property

First reported May 30 2013 - Updated May 30 2013 - 1 reports

Heartland Bank comfortable with previous profit guidance as outcome of non-core property review nears

By Gareth VaughanHeartland Bank plans to announce the result of a review of its non-core property portfolio by the end of June and is still comfortable with analysts' expectations it'll deliver full-year profit of up to $24 million. Heartland's General ... [Published Interest.co.nz - May 30 2013]

Entities: Property, Real Estate Credit Investments Limited, MARAC Finance Limited, CBS Canterbury, Pyne Gould Corporation Limited

First reported May 29 2013 - Updated May 29 2013 - 2 reports

Real Estate Credit Inv. PCC Ltd Dividend Announcement - Preference..

TIDMRECI TIDMRECP TIDMERIIRNS Number : 8104FReal Estate Credit Inv. PCC Ltd29 May 2013 29 May 2013 Real Estate Credit Investments PCC Limited (the "Company")Dividend AnnouncementPreference DividendReal Estate Credit Investments PCC Limited announces today ... [Published ADVFN UK - May 29 2013]

Entities: Real Estate Credit Investments Limited, Dividend, Preferred Shares, Investor Relations

First reported May 21 2013 - Updated May 21 2013 - 2 reports

Fact Sheet Announcement

Real Estate Credit Investments PCC Limited Investment Manager Fact Sheet Real Estate Credit Investments PCC Limited (the "Company"), a closed-ended protected cell company incorporated in Guernsey, is pleased to announce that its Investment Manager's twice ... [Published TrustNet - May 21 2013]

Entities: Real Estate Credit Investments Limited, Investment Manager, London Stock Exchange Group Plc, Investor Relations, Public Relations

Quotes

"We expect sales rates for the period since 10 March to have increased by c12% to 0.66 sales per site per week on a site count of 220. As a result we expect an average sales per week number of c140 since 1 February compared with 122 in 2012" the SwissSwiss bank said

Friday's agenda: Help to Buy set to boost Bellway [Published Proactiveinvestors United Kingdom RSS feed - Jun 06 2013]

"The group has, however, continued to exploit successfully the opportunities that are there, with positive momentum across all brands."

Friday preview: Kcom Group reports, US jobs data released [Published Digital Look - Jun 06 2013]

"We consider that Heartland's projected risk-adjusted capital ratio after the write-downs will remain more than 15% over the medium to long term. This level supports our current very strong assessment of the bank's capital and earnings, and the current issuer credit rating" Standard and Poor's said

Heartland shares hit 2-year high as market embraces $18m write-down [Published Otago Daily Times - Jun 05 2013]

"The new strategy provides Heartland with greater flexibility to manage the property portfolio and to best balance an exit strategy with maximising shareholder value" it said

Heartland cuts 2013 forecast [Published MSN New Zealand - Jun 04 2013]

More Content

sort by: Date \| Relevance
Company Events - Tomorrow's Events [Published MoneyAM - Jun 18 2013]
Torchlight business big boost for PGC's profit [Published stuff.co.nz - Jun 13 2013]
Asset sales boost PGC profit [Published Timaru Herald - Jun 13 2013]
Pyne Gould FY profit to be about $30 mln after ... [Published Scoop - Jun 12 2013]
RECI reports profit of GBP19m [Published Property Funds World - Jun 07 2013]
Real Estate Credit Investments PCC Ltd Declares... [Published Reuters - Jun 07 2013]
Fact Sheet Announcement [Published TrustNet - Jun 07 2013]
Dividend Announcement [Published TrustNet - Jun 07 2013]
Annual Report [Published TrustNet - Jun 07 2013]
FTSE 100 tipped to open flat to slightly higher... [Published MoneyAM - Jun 07 2013]
Japanese Market Trades Lower On Weak Dollar [Published RTTNews.com - Jun 07 2013]
Friday's agenda: Help to Buy set to boost Bellway [Published Proactiveinvestors United Kingdom RSS feed - Jun 06 2013]
Friday preview: Kcom Group reports, US jobs dat... [Published Digital Look - Jun 06 2013]
Company Events - Tomorrow's Events [Published MoneyAM - Jun 06 2013]
Heartland cuts ties with Kerr [Published Banking Day - Jun 06 2013]
Heartland shares hit 2-year high as market embr... [Published Otago Daily Times - Jun 05 2013]
Company Events - 7 Days Ahead Events [Published MoneyAM - Jun 05 2013]
Heartland shares rise to 2-year high after impa... [Published Scoop - Jun 05 2013]
Heartland cuts 2013 forecast [Published MSN New Zealand - Jun 04 2013]
Heartland takes a big hit [Published Sunday Star-Times - Jun 04 2013]
Heartland cuts 2013 guidance on bad loans charge [Published Scoop - Jun 04 2013]
The week ahead (03/06-07/06) [Published Money Observer - Jun 03 2013]
Week Ahead: Wolseley expected to report US slow... [Published Proactive Investors.co.uk - Jun 02 2013]
Galvan Week Ahead: OECD downgrades global forec... [Published Proactiveinvestors United Kingdom RSS feed - Jun 01 2013]
Heartland Bank comfortable with previous profit... [Published Interest.co.nz - May 30 2013]
Real Estate Credit Inv. PCC Ltd Dividend Announ... [Published ADVFN UK - May 29 2013]
Dividend Announcement - Preference Dividend [Published TrustNet - May 29 2013]
Fact Sheet Announcement [Published TrustNet - May 21 2013]
Fact Sheet Announcement [Published MoneyAM - May 21 2013]
Appointment of Joint Broker [Published TrustNet - May 03 2013]