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SFS Real Estate Investment Trust (NGX: SFSREIT) | Share Price

Nigel Firth
Nigel Frith trader
Updated 27 Sep 2022

Overview of SFS Real Estate Investment Trust

SFS Real Estate Investment Trust is a close-ended Real Estate Investment Trust Scheme listed on the Nigerian Stock Exchange (NGX) which pools funds for the primary purpose of investing in income-generating real estate.

Its real estate includes residential homes, residential apartments, office blocks, shopping malls and warehouses. SFS Real Estate Investment Trust is involved in the developing and acquiring of high-quality stock of properties in select locations in Nigeria. They also make opportunist investments in joint venture developments in partnership with reputable developers.

Typically, the Skye Shelter Fund invests 75% in real estate and 25% is invested in real estate related investments such as mortgages, real estate backed securities and real estate related equities. This portion includes a 10% allocation to cash for liquidity purposes.

Today, SFS Real Estate Investment Trust’s portfolio of products and services are diversified in more sectors of the Financials value chain and include the following: investing in income-generating real estate, such as residential homes, shopping malls, offices, warehouses, etc. while taking advantage of tax exemptions. Skye Shelter Fund is Nigeria’s first publicly quoted Real Estate Investment Trust (REIT). The fund is dedicated to the development and acquisition of stock of properties in select locations across the country.

The history of SFS Real Estate Investment Trust goes back to February 28, 2008 when it was first listed on the NGX.

SFS Real Estate Investment Trust has its head offices at Plot 287, Ajose Adeogun Street, Victoria Island, Lagos, Nigeria.

The current CEO or managing director of SFS Real Estate Investment Trust is Patrick Ilodianya.

SFS Real Estate Investment Trust’s equity stocks are for sale online on the Nigerian Stock Exchange (NGX) under the stock symbol SFSREIT.

SFS Real Estate Investment Trust forms part of the Financials sector, specifically, the Real Estate Investment industry of the Nigerian Stock Exchange (NGX).

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SFS Real Estate Investment Trust

SFS Real Estate Investment Trust Stock Performance

The current price for SFS Real Estate Investment Trust stocks is 67.90 Nigerian Naira (NGN) as at its latest trading day (Thursday, January 27, 2022) on the Nigerian Stock Exchange (NGX).

An analysis of financial data of SFS Real Estate Investment Trust showed that the company has a total market capitalisation of 1.36 Billion NGN, and the number of shares outstanding is 20 Million.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell SFS Real Estate Investment Trust stocks can look forward to more profitable dividends and earnings in times to come.

According to an analysis on the live chart of SFS Real Estate Investment Trust, analysts forecast further improved performance for the Financials sector with market share growing as trading volumes increase.

SFS-Real-Estate-Investment-Shares

Highlights of SFS Real Estate Investment Trust in 2021/2022

SFS Real Estate Investment Trust is currently the 106th most-traded stock on the NGX and it has experienced a total trading volume of more than 1.08 million shares, which were finalised in 179 deals and were valued at a total of 67.1 million Nigerian Naira (NGN) over the recent three month period from October 2021 to January 2022, with an average of 17,064 shares in each trading session.

During the same period a volume high of 496,416 was achieved on December 2.

How to buy SFS Real Estate Investment Trust stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders participating daily. To buy, sell or trade SFS Real Estate Investment Trust stocks on the Nigerian Stock Exchange (NGX), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “SFSREIT”.
  2. Select a forex broker that offers access to the Nigerian Stock Exchange (NGX).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. Once your account has been activated, you are ready to make your first share purchase through the broker.
  6. From here you can start to build and diversify your portfolio by buying more shares.

FAQs

The Nigerian Stock Exchange (NGX) (officially the Nigerian Exchange Group) is a leading integrated market organisation in Africa servicing the continent’s largest economy, that of Nigeria. The Exchange provides capital access to companies that seek to take advantage of the financial markets to fund their business expansion. The NGX also provides its collection of domestic, regional, and international investors with an array of regulated securities to achieve their investment objectives.

The NGX publishes the benchmark, value-weighted All-Share Index (ASI), formulated in January 1984 with a base value of 100 and which tracks the general market movement of all listed equities on the Exchange.

The NGX30 and NGX50 are additional indices that track the top 30 and 50 companies in terms of market capitalization and liquidity respectively. Only fully paid-up common shares weighted by adjusted market capitalization are admitted to these indices.

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Nigel Firth
Nigel Frith trader
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.