The UH Real Estate Investment Trust (UHREIT) has released its audited financial statements for the 2025 fiscal year, revealing a massive expansion in its balance sheet.
Total equity attributable to unit-holders surged to ₦27.85 billion by year-end, a significant jump from the ₦10.69 billion reported in 2024.
This growth was primarily underpinned by a revaluation reserve of ₦16.96 billion, reflecting a substantial appreciation in the value of the Trust’s underlying property portfolio.
For the period under review, the Trust achieved a total comprehensive income of ₦1.17 billion, marking an improvement over the ₦1.05 billion recorded in the previous year.
Operating efficiency remained stable as profit before working capital changes reached ₦1.19 billion, while the Trust maintained a healthy liquidity position with cash and cash equivalents closing at ₦2.35 billion.
In a move that highlights a commitment to investor returns, UHREIT increased its total dividend distributions to ₦950.04 million in 2025, compared to ₦592.61 million in the prior year.
The performance underscores the Trust’s ability to navigate the real estate market while significantly enhancing its net asset value per unit.