UH Real Estate Investment Trust
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About the Company
UH Real Estate Investment Trust (UH REIT), formerly known as Union Homes Real Estate Investment Trust, is a Nigerian-based real estate investment trust. The company holds a diversified portfolio of residential and commercial properties located in prime areas of Lagos and Abuja. The portfolio includes nine luxury residential apartments and four commercial properties, aiming to provide investors with long-term capital appreciation and regular income through strategic real estate investments.
Leadership Team
- Yemi Gbenro – Managing Director/CEO, SFS Financial Services
- Patrick Ilodianya – Managing Director/CEO, SFS Capital
- Dimeji Sonowo – Executive Director, SFS Capital
- Michael Abiodun Thomas – Managing Director/CEO, United Capital Trustees Limited
- Nsikak Titus Ekure – Director
Corporate Social Responsibility (CSR)
UH REIT is committed to corporate social responsibility through initiatives that promote community development, environmental sustainability, and economic growth. The company emphasizes responsible business practices and social impact, aiming to improve the quality of life in its host communities.
Company Milestones
- 2008: Listed on the Nigerian Stock Exchange.
- 2009: Commenced full operations with a net asset value of N12.876 billion.
- 2023: Generated gross revenue of N884.28 million, driven largely by rental income and interest from deposits.
- 2024: Continued to provide competitive returns to investors, with a yield of 5.74% as of the end of Q4 2023.
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