Real Estate Investment Trusts (REITs) in Nigeria: An Introduction
28 February 2026
What REITs are, how they work in Nigeria, and key considerations for investors before buying units.
REITs offer a way to gain exposure to real estate through listed vehicles. We introduce the structure of REITs in Nigeria and factors investors should consider.
What Is a REIT?
A Real Estate Investment Trust is a company that owns or finances income-producing real estate. In Nigeria, REITs are regulated by the SEC. They typically distribute a portion of income to unitholders and trade on the exchange, offering liquidity compared to direct property.
Key Nigerian REITs
Several REITs are listed on the Nigerian Exchange. They may focus on retail, office, or mixed assets. Performance depends on occupancy, rental growth, and management. Investors should read offer documents and financial reports before investing.
Risks and Who REITs Suit
REIT units can be volatile and are subject to market and property risk. They suit investors seeking diversification and income. Dividend yields and NAV should be reviewed alongside the underlying asset quality.
Consult a licensed adviser before investing. Digit Properties does not offer REITs but keeps you informed on property and market trends and helps you find and verify direct property investments.