About Us

who are we

Union Homes Real Estate Investment Trust (UH REIT) now UH Real Estate Investment was listed on the Nigeria Stock Exchange (NSE) in 2008 and commenced full operations February 2009 with a net asset sum of N12.876 Billion

Our Vision over the years has remained the same – To be the foremost trust fund in Nigeria’s real estate investment sector, we have continuously   held strategically diversified investment portfolio that delivers an above average returns to owners while maintaining a mutually beneficial long term relationship with our clients.

UH REIT has a portfolio consisting of both residential and commercial properties spread across highbrow areas of Lagos and Abuja with near future plans to explore untapped opportunities in other major cities of Nigeria.

At UH REIT, we have developed a corporate culture that promotes the potential for growth and high performance in every employee. In our daily (operations/activities), we create and manage value without jeopardizing our ethical standards staying mindful of (the society/our environment).

Our Vision

To be the Nation’s foremost Trust Fund in the Real Estate Investment Sector.

Our Mission

To Increase the value of the fund and its Investment portfolio by exceeding unit holders’ expectation and achieving market leadership and operating excellence in every sector of the fund.


Most Common FAQs

A REIT (Real Estate Investment Trust) is a company that owns or finances income producing REIT combines the capital of many investors to provide financing for real estate investments which allows individual investors to invest in a professionally managed diversified portfolio of Real Estate and related real estate assets .It pays annual dividend of 90% of its annual Returns from all Investments.

UH REITs own and manage a variety of Residential and Commercial properties located in highbrow areas of Lagos and Abuja.


REITs are total returns investments. They typically provide high dividends plus the potential for moderate, long term capital appreciation. Additionally REITs offer liquidity and portfolio diversification.

UH REIT is a Hybrid REIT which invests in properties and mortgages allowing investors benefit from a two pronged assets. UH REIT generally maintains a diversified portfolio which guarantees Investor’s returns. UH REIT is transparently structured allowing investors gain full knowledge of its dealings.

REIT uses net income as defined by IFRS as the primary operating performance measure. REIT also uses funds from operations (FFO) as a supplemental measure of its operating performance. FFO is defined as net income excluding gains or losses from sales of most property and depreciation of real estates.

At least 90% of the net income accruing to the REIT will be paid to investors annually as dividend.


REITs are often classified into one of two categories:

Equity REITs: This type of REIT own and operate income producing real estate such as shopping centers, health care facilities, apartments, warehouses ,office buildings, hotels, etc.

Mortgage REITs: These REITs mostly lend money directly to real estate owners and operators or extend credit indirectly through the acquisition of loans or mortgage backed securities.

Hybrid REITs: This is a type of REIT that operates both equity and mortgage REITs

Corporate bodies, Individual investors of all ages both invest in REITs. Other typical buyers of REITs include exchange traded funds, endowments, foundations, insurance companies and bank trust department.