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  1. Asked: September 2, 2026In: CAREER & INCOME GROWTH

    What Are the Best Real Estate Investment Trusts (REITs) Listed on the NGX?

    Kingsley
    Kingsley
    Added an answer about 2 weeks ago

    A REIT (Real Estate Investment Trust) is like a group contribution (esusu or ajo) for property. Instead of needing $100,000 or ₦100 million to buy a shopping mall or office building yourself, a company buys the properties, collects rent, and shares the rental profits among everyone who contributed.Read more

    A REIT (Real Estate Investment Trust) is like a group contribution (esusu or ajo) for property.
    Instead of needing $100,000 or ₦100 million to buy a shopping mall or office building yourself, a company buys the properties, collects rent, and shares the rental profits among everyone who contributed.
    On the Nigerian stock market, there are two main ones worth looking at:

    The 2 Best Options in Nigeria

    1. UPDC REIT (Best All-Rounder)
    • What it is: The most popular real estate fund in Nigeria.
    • Why it’s good: It owns big commercial buildings and apartments in Lagos and Abuja. Because many people trade it, it is easier to buy and sell on your phone app when you need your cash back quickly.
    • Who it’s for: Anyone who wants a steady, safe investment that isn’t hard to cash out.

    2. SFS REIT (Best for Regular Cash Payouts)
    • What it is: A fund focused heavily on collecting rent and handing it directly to investors.
    • Why it’s good: They pay out over 90% of all the rental income they collect straight into your pocket.
    • Who it’s for: People who want regular dividend payouts to spend or reuse.

    If you want the safest, easiest REIT to start with, buy UPDC REIT. If you want the highest rental income payouts, look into SFS REIT.

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