NIGERIA REAL ESTATE INV. TRUST FUND

NIGERIA REAL ESTATE INV. TRUST FUND (NREIT) was established on January 9, 2019, and operates within Nigeria's real estate sector as a Real Estate Investment Trust. The fund is managed by Chapel Hill Denham Management Limited, with institutional oversight provided by Stanbic IBTC Trustees Limited as Joint Trustee and Rand Merchant Bank as Custodian, ensuring adherence to regulatory standards. NREIT is structured to pool resources from various investors, providing a regulated vehicle for both institutional and retail participants to gain exposure to high-value real estate assets within Nigeria. The core business model of NREIT involves owning and operating income-producing real estate, with a focus on Shariah-compliant commercial properties, including office, retail, and industrial assets. As a Real Estate Investment Trust, NREIT aims to offer investors stable cash distributions derived primarily from rental income generated by its portfolio of properties. The fund's operations are centered within Nigeria, serving the domestic market by providing an accessible means to invest in real estate without the complexities of direct property ownership.