Why Invest in the HMK REIT?
Attractive Return on Investment
With the boom in the Nigerian real estate sector which presently commands premium rent in select areas like those of the HMK REIT. Stable and regular distribution of at least 90% of the net income accruing from diversified portfolio of real estate and real estate related assets across residential and commercial properties and money market instruments.
Investment Opportunity in the Nigerian Real Estate Industry
This projects presents a viable means of participation in the gains present in the Nigerian real estate industry which has over the years proven to be a very lucrative means of investment for both long and short term objectives of investors.
Experienced and Credible Asset Managers and Trustee Company
The REIT will be managed by professionals with great care, top skill, prudence and diligence. Rent from the Commercial properties which allows the Fund Manager concentrate on the management of the REIT.
Existing long term leases with tenants. Diverse corporate tenant profile with staggered rental renewal periods which prevents mass vacancy at any one period.
Liquidity with Market Maker
A Primary Market Maker will be appointed by The Nigerian Stock Exchange to ensure liquidity of the units by facilitating continuous trading of the REIT on The NSE.
Investing in the REIT allows for diversification of your investment portfolio thereby reducing risks.
2,600,000,000 units at N5.15 at par in the HMK REIT
METHOD OF OFFER:
Offer for subscription
N5.15 per unit
10,000 units and multiples of 2,000 thereafter
N13,390,000,000 (Thirteen Billion Three Hundred and Ninety Million NairaOnly)
In full on application
UTILIZATION OF OFFER
The proceeds of the REIT will be applied as consideration for the purchase ofthe initial assets of the REIT from the Sponsor and the third party agents whilethe balance will be utilized in investment in other real estate, real estaterelated assets and money market instruments
December 4, 2014
January 28, 2015
DISTRIBUTION: A minimum of 90% of the income earned in any financial year will be
distributed to unit holders every financial year
RATING: A ‘BBB’ rating is assigned the HMK REIT by Global Credit Rating CompanyLimited (GCR)