Overview
Real Estate Investment Trusts pool funds from investors to acquire, hold, and manage income-generating real estate assets. Public REITs are listed on the Nigerian Exchange Group and trade like regular shares, giving investors access to real estate income without the illiquidity of owning property directly.
This Quick Note provides practical guidance for investors and developers on how REITs operate in Nigeria. It examines the legal forms and models, key SEC thresholds, tax treatment under the Nigeria Tax Act 2025, and the governance structure underpinning every scheme. For developers, it also considers how completed assets can be recycled into a REIT to unlock capital for new projects.
