Real Estate Investment Trusts (REITs) In Sub-Saharan Africa by Estate Intel and NSE

Nigerian Stock Exchange seeks to foster growth by making new changes in REIT sector: -REITs reclassificaon from main board to a separate board to promote transparency, visibility and liquidity. -Specific rules relang to REITs and Closed End Funds are to be incorporated into the Rulebook of The Exchange. -REITs and Closed End Funds listed on The Exchange are to submit quarterly financials and audited full year financial statements to The Exchange via the NSE XIssuer Portal. -REITs and Closed End Funds listed on The Exchange are to submit on a weekly basis, key performance metrics (as applicable) to the NSE which will be accessible via the NSE’s website. The real estate market has been powered by a resilient economy and a rapidly urbanising population which has developed impressively over the past 12 years. Mulple investors and developers have been keen on high yielding opportunies in the office space and retail sector, where there were chronic supply gap

Real Estate Investment Trusts (REITs) In Sub-Saharan Africa by Estate Intel and NSE

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