MOFIREIT Announces ₦3.75 and ₦9.72 H2 2025 Dividend Payout for Series 1 and 2 Investors

Government-Backed MOFIREIT Declares H2 2025 Dividend Returns

Asset & Resource Management Company (ARM) has declared dividend payouts of ₦3.75 per unit for Series 1 and ₦9.72 per unit for Series 2 investors in the Ministry of Finance Incorporated Real Estate Investment Trust (MOFIREIT) for the second half of 2025. The announcement confirms continued income distribution to unitholders, reinforcing the REIT’s income-generating mandate amid evolving macroeconomic conditions.

The dividends reflect MOFIREIT’s performance for the period ended 31 December 2025 and will be distributed to qualifying investors in line with the trust’s distribution policy.

Dividend Breakdown and Payment Details

According to ARM, the fund manager of MOFIREIT, Series 1 investors will receive ₦3.75 per unit, while Series 2 investors will receive ₦9.72 per unit for H2 2025.

MOFIREIT operates as a publicly listed real estate investment trust structured to provide investors with exposure to income-generating real estate assets. The trust distributes rental income and capital returns to unitholders, in compliance with REIT regulatory requirements.

The declared dividends align with MOFIREIT’s strategy of delivering consistent returns backed by stable property assets.

MOFIREIT’s Investment Structure

The Ministry of Finance Incorporated Real Estate Investment Trust (MOFIREIT) is sponsored by the Ministry of Finance Incorporated (MOFI), the asset management arm of the Federal Government of Nigeria. The vehicle was established to unlock value from government-owned real estate assets while broadening access to institutional-grade property investments.

As a REIT, MOFIREIT is required to distribute a substantial portion of its earnings to investors. This structure supports predictable income flows and positions the trust as an alternative asset class for pension funds, institutional investors, and retail participants seeking real estate exposure without direct property ownership.

Series 1 and Series 2 represent separate tranches issued under the trust, each with distinct unit pricing and investor participation structures.

Context: REITs in Nigeria’s Investment Landscape

Nigeria’s REIT market remains relatively underdeveloped compared to peer emerging markets. However, MOFIREIT represents a significant public-sector-backed entry into the space, potentially catalysing broader market participation.

Real estate investment trusts provide diversification benefits, inflation-hedging characteristics, and recurring income streams. In a high-interest-rate environment, consistent dividend declarations serve as a key metric for investor confidence.

The H2 2025 payout signals operational stability within MOFIREIT’s asset portfolio despite macroeconomic pressures, including inflationary trends and currency volatility that have affected broader capital markets.

Implications for Investors

The declared dividends of ₦3.75 and ₦9.72 per unit reinforce MOFIREIT’s income-generation thesis. For income-focused investors, particularly pension fund administrators and institutional allocators, consistent distribution remains a primary performance indicator.

The payout also demonstrates the fund manager’s ability to maintain rental income streams and asset occupancy levels sufficient to support periodic returns.

As real estate costs and construction inputs continue to fluctuate, asset-backed vehicles such as MOFIREIT may increasingly attract capital from investors seeking stability and structured yield exposure.

Outlook

MOFIREIT’s H2 2025 dividend declaration strengthens its positioning as a government-backed real estate income vehicle within Nigeria’s capital markets. Continued transparency in asset performance and distribution consistency will remain critical to sustaining investor confidence.

Going forward, market participants will monitor occupancy rates, portfolio expansion, and macroeconomic developments to assess the sustainability of future dividend cycles.