Kayode Tokede
The Nigerian Trade Restricted (NGX), yesterday admitted Chapel Hill Denham Administration itemizing by introduction of 1.59 billion models of its Nigeria Actual Property Funding Belief (NREIT) on the Most important Board of the Trade.
The itemizing of the N163.6 billion NREIT is a serious milestone in Nigeria’s property-backed securities market.
The itemizing represents one of many largest REIT admissions on the Trade and marks a big step in deepening actual property funding alternatives for institutional and retail traders.
The models have been listed at N103 per unit, giving the fund an implied market worth of N163.6 billion beneath the N400 billion NREIT Issuance Programme.
In keeping with the NGX bulletin signed by the Head of Issuer Regulation, Godstime Iwenekhai, the listed fund carries the buying and selling image NREIT, with ISIN NGCHDNREIT00, and will likely be traded beneath the identify Nigeria Actual Property Funding Belief Fund.
The itemizing by introduction signifies that the models weren’t supplied to the general public on the time of itemizing however have been admitted based mostly on present investor holdings and regulatory approvals beneath the N400 billion issuance programme.
The admission of the Chapel Hill Denham NREIT is predicted to broaden the depth of Nigeria’s various funding panorama at a time of rising urge for food for income-generating property.
The NREIT, structured to offer secure returns by means of diversified earnings from actual property property, presents traders a possibility to achieve publicity to the property market. That is made potential with out the excessive capital necessities and illiquidity related to direct actual property possession.
The NGX confirmed that the itemizing covers Collection 1 to 4 of the programme, with a complete of 1,588,617,222 models registered at a nominal worth of N100 every however listed at a premium of N103.
Market analysts notice that the itemizing may enhance liquidity within the REITs section of the market, which has seen renewed regulatory assist and elevated investor curiosity in 2025.
The itemizing comes at a time when traders are in search of inflation-protective property, significantly in actual property—one of many strongest-performing various asset lessons in 2025. Market watchers say the transfer reinforces the NGX’s push to draw extra actual estate-backed devices and strengthen capital formation for property improvement throughout the nation.
Funding consultants additionally take into account the NREIT itemizing important for Chapel Hill Denham, which has been increasing its footprint in infrastructure, actual property, and various funding administration.
With structured oversight involving main trustees, custodians, and registrars, the NREIT is predicted to offer transparency, governance, and liquidity—key parts institutional traders demand.
