UNION HOMES REAL ESTATE INVESTMENT TRUST

REAL ESTATE INVESTMENTS TRUST SCHEME

Key Performance Metrics

Period of Reporting:

31-Mar-22

S/N

Key Metric

Value

1

NAV

10,028,695,486.00

2

No of properties

9

3

Property type/distribution

See table below

4

Occupancy rates

See table below

5

Delinquency rates on rents

0.60%

6

Average property age

See table below

7

Other relevant information

See table below

NUMBE

LENGTH

PROPERTY

R OF

OF

AGE

PROPERTY

LOCATION

UNITS

CURRENT YIELD

PROPERTY TYPE

TENANTS

TENANCY

OCCUPANCY RATE

(YEARS)

1

Macdonald Court

Ikoyi, Lagos

8

4.25%

Block of Flats

Individuals

Annual

100.0%

9

2

Savannah Court

Victoria Island, Lagos

14

4.70%

Block of Flats

Individuals

Annual

93%

9

3

Contemporary Apartment

Parkview-Ikoyi, Lagos

4

4.49%

Block of Flats

Individuals

Annual

100%

8

4

Olive Apartment

Jabi, Abuja

12

5.29%

Block of Flats

N/A

N/a

92%

8

5

Continental Apartment

Victoria Island, Lagos

22

4%

Block of Flats

N/A

Annual

100%

8

6

Victors Court

Parkview-Ikoyi, Lagos

3

4.38%

Terraces

Individuals

Annual

100%

8

7

Charter Court

Ikoyi, Lagos

11

3.08%

Block of Flats

Individuals

Annual

100%

8

8

Amina Court

Apo, Abuja

5

5.02%

Semi detached Houses

Individuals

Annual

80%

4

9

Locke Apartment

Lekki, Lagos

15

6.79%

Block of Flats

Individuals

Annual

100%

4

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Disclaimer

Union Homes REIT published this content on 27 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2022 19:04:46 UTC.