Investor Presentaiton
Real Estate Investment Trust Schemes (REITS)
The sector has three (3) Funds with a total NAV of #43,378,980,601.45 as at December 31, 2013 compared to
#16,000,229,599.81 as at December 31, 2012, representing an increase of 171%. The growth in the NAV of the REITS was
attributed to the authorization of one new Real Estate Investment Trust Scheme.
The breakdown is as follows:
S/N
NAME OF
FUND
FUND
MANAGER
Skye Shelter
SFS Capital
NAV AS AT 31ST
DECEMBER 2012
(N)
2,335,469,455.12
NAV AS AT 31ST
DECEMBER 2013
%
CHANGE
(N)
(3.4)
Fund
Nigeria Limited
2,262,397,632.81
2
Union Homes
REIT
Union Homes
Saving & Loan
13,664,760,144.69
0.95
Plc
13,834,847,980.99
3
UPDC REIT
FSDH Asset
Mgt. Limited
Not yet registered
N/A
Total
16,000,229,599.81
27,281,734,987.65
43,378,980,601.45
171
Annual Report and Accounts 2013 - Securities & Exchange Commission
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