UHREIT Q2 2026: NAV, Occupancy Rates & Property Yields
UH Real Estate Investment Trust filed its Key Performance Metrics for the period ending 30 June 2026, disclosing a Net Asset Value of ₦27,442,327,596 across a portfolio of nine properties. The filing details individual property yields, occupancy rates, tenant types, and property ages for assets located in Lagos and Abuja.
UH Real Estate Investment Trust (UHREIT) disclosed its Key Performance Metrics for the half-year period ended 30 June 2026, reporting a Net Asset Value (NAV) of ₦27,442,327,596. The trust's portfolio comprises nine properties — seven in Lagos and two in Abuja — all classified as residential assets, including blocks of flats, semi-detached houses, and terraces.
Occupancy rates across the portfolio vary. Four properties — Macdonald Court (Ikoyi), Olive Apartment (Jabi), Continental Apartment (Victoria Island), and Charter Court (Ikoyi) — recorded 100% occupancy. Victoria Crest, Ajah also achieved full occupancy. Savannah Court (Victoria Island) stood at 93%, while Amina Court (Apo) and Locke Apartment (Lekki) both recorded 80% occupancy. Contemporary Apartment in Parkview-Ikoyi reported the lowest occupancy at 50%.
Property yields ranged from 2% at Continental Apartment to 6.52% at Victoria Crest, the trust's newest property at three years old. All other properties range between 11 and 16 years in age. The trust reported a delinquency rate on rents of 0.60%. Tenancy across the portfolio is structured on annual terms.
