UH Actual Property Funding Belief (UH REIT) has posted complete earnings of N1.3 billion for the 2025 {financial} yr, in response to its newest assertion filed on the Nigerian Change.
This represents a ten.05% year-on-year improve from the N1.2 billion recorded in 2024, with web earnings settling at N1.16 billion after bills.
With no tax or finance costs through the interval, web earnings rose by 11.90% from N1.04 billion within the earlier yr, reflecting stronger profitability.
Based on the assertion, the REIT’s Most worthy belongings are the Sinari Daranijo property in Victoria Island, and the Rumens and Sapara Williams properties in Ikoyi, valued at N6.9 billion, N5.05 billion, and N4.02 billion, respectively.
A more in-depth look at the REIT’s financials reveals that rental earnings of N723.5 million shaped the biggest share of the N1.3 billion complete earnings reported in 2025.
Working bills rose according to increased earnings, growing to N223.3 million from N197.1 million within the earlier yr.
After bills, web earnings settled at N1.16 billion, with fundamental earnings per share enhancing to N6.22 from N5.56, pointing to stronger worth for unitholders.
On the REIT’s steadiness sheet, complete belongings greater than doubled to N28.9 billion, up from N12.6 billion within the earlier yr.
Unitholders’ fairness rose sharply to N27.8 billion from N10.6 billion, with income reserves of N18.4 billion making up the majority of this complete.
On the liabilities facet, obligations fell to N1.1 billion from N1.9 billion the earlier yr, because the belief diminished accruals and different payables.
In 2026, the belief’s items are up 82.93% on the NGX, buying and selling at N94.85.
