SFS REAL ESTATE INVESTMENT TRUST FUND

REAL ESTATE INVESTMENTS TRUST SCHEME

Key Performance Metrics

Period of Reporting:

31-Mar-22

S/N

Key Metric

Value

1

NAV

2,307,180,312.60

2

No of properties

5

3

Property type/distribution

See table below

4

Occupancy rates

See table below

5

Delinquency rates on rents

5.8%

6

Average property age

See table below

7

Other relevant information

See table below

TABLE 1

PROPERTY

LOCATION

NUMBER OF UNITS

CURRENT YIELD

PROPERTY TYPE

TENANTS

LENGTH OF TENANCY

OCCUPANCY RATE

PROPERT Y AGE (YEARS)

1

Victory Park Estate

Igbokushu, Lekki-Lagos

12

6.68%

Residential / Apartments

Individuals

Annual

100%

12

2

Milverton Court Estate

Osapa, Lekki-Lagos

19

6.44%

Residential / Apartments

Individuals

Annual

100%

8

3

Sapphire Gardens Estate

Awoyaya, Lekki-Lagos

6

6.05%

Residential / Apartments

Corporate

Annual

100%

9

4

Bourdillion Court Estate

Chevron dr, Lekki-Lagos

8

6.39%

Residential / Apartments

Individuals

Annual

100%

6

5

Harold Shodipo

G.R.A Ikeja, Lagos

6

4.32%

Residential / Apartments

Corporate

Annual

100%

12

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Disclaimer

Skye Shelter Fund published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 08:24:10 UTC.