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Performance of Real Estate Investment Trusts In African Real Estate Markets: A Case Study of Nigeria

Purpose: This study examined the correlations among the structure, conduct and performance of Real Estate Investment Trusts in Nigeria (N-REITs) with a view to providing information that will enhance and guide real estate investment decisions. Design/Methods followed/Approach: The study population consisted of all the three REIT companies in Nigeria namely: Skye Shelter Fund, Union Home REITs and UACN Property Development Company (UPDC) REITs. Secondary data on dividends and share prices of N-REITs; Total Business Revenues (TBR) and Total Individual Expenditure (TIE) on conduct variables were …

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