Union Homes Real Estate Investment Trust
Don't envy my great retirement -- Join the fun!
Click to discover my secret to ever-growing income from investments for life -- whether the stock market goes up or down
Union Homes REIT (UHOMEREIT.NL) is a Real Estate Investment Trust in Nigeria.
Union Homes is paying out 90% of their income as dividends, compared to Skye Shelter Fund which says on its site it will pay 80%. Either that's an error, or Nigerian law says they must pay 80% but Union Homes is paying out 90%.
Their site also says they will be investing in mortgages, so it sounds as though they may be a hybrid REIT that directly owns and manages as properties and also provides financing. Very few REITs outside the United States provide real estate financing. It's a different business than the direct property ownership, rental and management.
Union Homes Savings and Loan Plc was incorporated November 6, 1992. Now it is a chain of banks providing mortgages across Nigeria and also in Ghana. They are based in Lagos.
Now download The Death of Capital Gains Investing, your first step toward experiencing for yourself the joy of securing your retirement through income investing!
It's easy. Just enter your first name and email address into the form below.
(NOTE: After you click the button, you'll be taken to a thank you page with the link to download your free report.)
Copyright 2007-2021 by Gold Egg Investing LLC. All rights reserved.