UH Real Estate Investment Trust
NNSENG:UHOMREIT70.00
NGN
0.00
(0.00%)
ISIN
NGUHOMREIT06
Return %
Stock
S&P 500
1Y
35.00
14.20
3Y
91.26
81.12
5Y
91.26
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Patrick Ebuka Ilodianya
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Lagos Nigeria
- IPO Date
- Dec 16, 2008
- Website
- uhreitng.com
- Similar Companies
- Business
- UH Real Estate Investment Trust, formerly known as Union Homes Real Estate Investment Trust, is a closed-ended real estate investment trust focused on acquiring, managing, holding, and developing a portfolio of income-generating residential and commercial real estate assets and real estate-related securities. Founded in 2008 and headquartered in Lagos, Nigeria, the trust is listed on the Nigerian Exchange and is managed by SFS Capital Nigeria Limited, with United Capital Trustees Limited acting as the fund trustee. The trust operates primarily across the Nigerian real estate and capital markets, concentrating on high-demand, prime metropolitan corridors. Its core products and services include direct acquisition and management of luxury residential real estate; tenancy and lease administration across premium developments such as Macdonald Court, Charter Court, Victors Court, and Contemporary Apartments in Ikoyi, Lagos; residential asset operations across Victoria Island and Lekki, including Savannah Court and Locke Apartments; multi-family property holdings in Abuja, including Olive Apartments; commercial property leasing; and cash and liquidity management through investments in money market instruments, term deposits, and real estate-backed debt securities. In recent developments, the fund completed a corporate rebranding to UH Real Estate Investment Trust to modernize its market positioning and streamline portfolio management under SFS Capital Nigeria Limited. The trust has expanded its total asset base beyond 25 billion Nigerian naira through sustained capital appreciation and occupancy rates approaching full capacity across its core residential assets. Furthermore, the fund has advanced strategic initiatives including the development of convertible REIT frameworks that allow unitholders the option to convert fund holdings into direct physical property ownership, while delivering double-digit revenue growth and consistent dividend distributions driven by higher rental yields.