UHREIT Q3 2026: NAV, Occupancy Rates and Property Yields

UH Real Estate Investment Trust (UHREIT) has filed its key performance metrics for the reporting period ended 30 September 2026. The trust recorded a net asset value (NAV) of ₦27,676,062,924 across a portfolio of nine properties located in Lagos and Abuja.

All properties are classified as residential, comprising blocks of flats, semi-detached houses, and terraces. Tenants are a mix of individuals and corporate tenants, with all lease arrangements on annual terms.

Property yields across the portfolio range from 2% at Continental Apartments on Victoria Island to 6.52% at Victoria Crest V in Ajah, Lagos. Occupancy rates vary by property: Macdonald Court in Ikoyi, Charter Court in Ikoyi, Continental Apartments on Victoria Island, and Victoria Crest V in Ajah all report 100% occupancy. Contemporary Apartments in Parkview-Ikoyi recorded the lowest occupancy at 50%, while Amina Court in Apo, Abuja stood at 75%.

The trust reported a delinquency rate on rents of 0.60% for the period. Property ages across the portfolio range from 3 years to 16 years, with the two oldest assets located in Ikoyi and Victoria Island, Lagos.