Uhreit 2024 Interim Results For The First Quarter

UH Real Estate Investment Trust (UHOMRE.ng) Q12024 Interim Report

By Published On: April 30, 2024TYPE: Interim ReportsYear: 2024Period: Q1Country: NigeriaSector: Property

UHREIT (UHOMRE.ng) listed on the Nigerian Stock Exchange under the Property sector has released its 2024 interim results for the first quarter.

For more information about UHREIT (UHOMRE.ng) reports, abridged reports, interim earnings results and earnings presentations visit the UHREIT (UHOMRE.ng) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for UHREIT (UHOMRE.ng) in the past 12 months, as of 1st April 2024, is US$28.31K (NGN22.29M). An average of US$2.36K (NGN1.86M) per month.

UHREIT 2024 interim results for the first quarter

Company Profile

UHREIT formerly Union Homes Real Estate Investment Trust (REIT) is an actively-managed, close-ended Unit Trust Scheme geared to achieve long-term capital appreciation through real estate investments. The Trust Deed invests in a maximum of 90% of the funds in real estate and real estate related investments. A maximum of 10% of the Fund’s total assets is invested in quality money market instruments which ensure liquidity. Established in 2008, UHREIT is managed by Union Homes Savings & Loans Plc which is a subsidiary of the Union Bank of Nigeria Plc. The Fund Managers spread the portfolio  mix across commercial and residential property investment and mortgage assets. UHREIT is listed on the Nigerian Stock Exchange