Prime Business AfricaThe market valuation of real estate stocks in the Nigerian Exchange Limited (NGX) decreased by 7 percent or N30.87 billion between January 2 and June 5, according to Prime Business Africa’s analysis.
Data obtained from the NGX showed that the stocks comprise UPDC Real Estate Investment Trust (UPDCREIT), UPDC Plc, Nigeria Infrastructure Debt Fund (NIDF), Haldane McCall, Julius Berger Nigeria Plc, Union Homes Real Estate Inv (UHOMREIT), SFS Real Estate Investment Trust (SFSREIT) and Smart Products Nigeria.
Join our WhatsApp ChannelAt the start of the year, the companies had a combined value of N440.93 billion, however, their market valuation has dropped to N410.05 billion as of June 5 due to a decline in stock prices of Haldane McCall and Julius Berger.
Best Performing Real Estate Stocks In 2025
Smart Products Nigeria
The best-performing real estate stock year-to-date is Smart Products Nigeria, as investments held by the company’s shareholders have appreciated by a whopping 175 percent within five months and one week.
According to PBA’s analysis of the company’s stock performance, shareholders of Smart Products have recorded a combined gain of N15.75 million after the share price increased by N0.35 kobo during the reviewed period.
Demand for the company’s stock pushed its share price to N0.20 kobo from N0.55, while the market capitalisation of Smart Products increased from N9 million to N24.75 million.
UPDC Plc
With a 73.98 per cent increase in shareholders’ investments, UPDC is ranked as the second-best performing real estate company in the Nigerian stock market.
The increase in shareholders’ investment represents a combined gain of N23.75 billion between January and June, according to analysis by Prime Business Africa.
Shareholders of the company recorded a gain after UPDC’s share price appreciated by N1.28 kobo from N1.73 kobo on January 2 to N3.01 on June 5.
The company also benefited from the bullish run, as its market valuation rose from N32.10 billion to N55.86 billion within the reviewed period.
Union Homes Real Estate Inv (UHOMREIT)
Within five months and one week, shareholders of UHOMREIT saw their investment grow by 37.29 per cent, making the construction company the third best-performing real estate stock so far this year.
With the company being one of the most sought-after stocks among equity investors, shareholders of UHOMREIT recorded a combined gain of N3,41 billion after their investments increased by 37.29 percent.
This was driven by the N13.65 kobo gain in the company’s share price, which appreciated from N36.60 kobo to N50.25 kobo during the reviewed period.
Also, UHOMREIT’s market valuation increased from N9.15 billion recorded as of January 2 to N12.56 billion as of June 5.
SFS REIT
SFS REIT was ranked as the fourth best-performing real estate stock by Prime Business Africa after the company’s shareholders recorded a 26.27 per cent gain in their investments.
The bullish run recorded by the company’s stock, which was sold at N226.6 as of June 5, compared to the N179.45 kobo on January 2, handed shareholders a combined gain of N943 million.
This publication gathered that the N47.15 kobo gained by the company’s share due to the high demand for its shares increased SFS REIT’s market valuation from N3,58 billion to N4,53 billion between January and June.
UPDC Real Estate Investment Trust (UPDC REIT)
UPDC REIT completed the top five list of the best-performing real estate stocks year-to-date, as a N0.65 kobo increase in its share price led to the investments held by the company’s shareholders to appreciate by 11.92 per cent.
According to stock market data, UPDC REIT’s share price had increased from N5.45 kobo on January 2 to N6.1 kobo on June 5.
As a result of the jump in share price, UPDC REIT’s shareholders recorded a combined gain of N1,73 billion, and the company’s market valuation rose to N16.27 billion from N14.54 billion.
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