Explore REIT prospects, NSE urges players

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Stanley Opara

The Nigerian Stock Exchange has encouraged funds managers in the country to take advantage of the opportunities available in the Real Estate Investment Trust market through product innovations that meets investors’ needs and appetite.

The Chief Executive Officer, NSE, Oscar Onyema, made the position of the Exchange known at the Facts Behind the Offer ceremony of Top Services Limited Real Estate Investment Trust at the stock exchange.

Onyema said, “I encourage investors to take advantage of the opportunities presented by Real Estate Investment Trust schemes which typically offers stable and regular income distribution from diversified portfolio of real estate and real estate related assets.

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“I also urge fund managers to continually make available educational materials on REIT that will help investors make informed decisions.

“The Exchange promises to continue its collaboration with market stakeholders – regulators, dealing member firms, fund managers, issuing houses, among others, to collectively promote increased awareness and education on REITs among the investor community in Nigeria.”

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