The Skye Shelter Fund Plc, the first Real Estate Investment Trust (REIT) in Nigeria listed on the Nigerian Stock Exchange has announced a proposal of N8 dividend for its shareholders.
This was made available on the website of the Nigerian Stock Exchange. Closure date is September 21, 2018 and payment date is October 5, 2018
The Skye Shelter Fund (The Fund) is a close-ended Real Estate Investment Trust Scheme. The Fund is intended as a platform for pooling resources together from various classes of investors interested in exploring investment opportunities in the real estate sector. The target investors are typically Pension Fund Administrators, Investment Managers, Endowment Funds, Insurance Companies, International Investors, and Savvy Individual Investors interested in the stability and returns associated with Real estate investing.