Tag Archives: Real Estate Investment Trust

Former Chief Executive Officer and Managing Director of Asset Management Corporation of Nigeria (AMCON), Mustafa Chike-Obi has called for adjustment in the tax benefit of Real Estate Investment Trust (REIT) to encourage investments in the real estate sector. Chike-Obi, who spoke at the maiden edition of Fusion of Real Estate, Interior Design and Art (FREIA) conference held in Lagos, stressed ...

A Real Estate Investment Trust (REIT) is an organization that engages in financing and investing in real estate directly, either through mortgages or properties thus generating a high level of income, diversification and long-term capital appreciation for investors. This article educates us on the function of REITs. REITs can be public, private and non-listed but most REITs are listed on ...

The Guardian reports that Lagos State Commissioner for Housing, Gbolahan Wasiu Lawal, will officially declare open the Real Estate Investment Trust (REITs) seminar scheduled for August 17, 2017 in Lagos. Management of Quant Capital Limited said in a statement that the seminar holds subsequently in Abuja, Port Harcourt and Kaduna. It General Manager, Ken Chiazor, noted that the seminar was ...

“For three days, Nigeria’s housing sector stakeholders including developers, bankers, manufacturers of building materials, government officials, built environment professionals, etc gathered in Abuja for the annual Abuja Housing Show discussing and searching for solutions to Nigeria’s housing challenge.”- Business Day A country of over 180 million people with rapid urbanization, Nigeria in spite of its abundant natural and human resources ...

The Guardian reports that a global investment private equity firm, Quant Capital will be hosting Real Estate Investment Trust (REIT) seminar across Nigeria in August and September 2017. The seminar, which holds in Lagos, Abuja, Port Harcourt and Kaduna would deepen the REITs market in Nigeria and provide professionals with an understanding of the real estate industry’s unique drivers and ...

“INVESTORS in Real Estate Investment Trust, REIT, have received a boost as Stanbic IBTC Holdings Plc has indicated its preparedness to support individuals and businesses interested in long-term investment in the real estate sector. The bank said that in doing so, the industry will play its catalytic role in driving growth and development of the economy.”- Vanguard The bank made ...

“In view of the progress recorded in the real estate investment REIT’s in Africa in 2016, financial experts and real estate practitioners have all expressed the hope of an improved development in 2017, next year and beyond.”- Nigerian Tribune This optimism was expressed at the just concluded inauguration of Real Estate Investment Trust (REIT) in Sub–Saharan African conference, held in ...

“The Minister of Power, Works and Housing, Babatunde Fashola, on Tuesday said the Nigerian government would not use imported materials in its housing schemes.”- Premium Times Mr. Fashola said this at the Real Estate Investment Trust, REIT, Conference, held at the Exchange House in Lagos on Tuesday. Represented by a former finance commissioner in Lagos State, Ayo Gbeleyi, the minister ...

“The Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce that it will host the maiden edition  of its Real Estate Investment (REIT) Conference on Tuesday May 23, 2017 at the NSE Event Centre, Stock Exchange House 2/4, Customs Street, Marina, Lagos. The Conference themed “Real Estate Investment Trust in sub-Sahara Africa: The role of The Capital ...

“Fresh prospects may be available to real estate investors seeking property ownership without the attendant expenses or difficulties of being a landlord. Their hopes rest on statements about the availability of a well-managed Real Estate Investment Trust (REIT), made recently by one of Nigeria’s leading property development companies, Top Services Limited (TSL). Bennett Oghifo writes Top Services Limited (TSL), a ...