cleverland:
So true! A friend bought close to 400k units some weeks ago now qualified for 3m+ dividend yield in April.

Wow! Your friend will receive about N3.240.000 in dividend payment. Sfsreit shares is the best way to invest in real estate if I must say!!!

Good day all

I hope we all are doing great, please I want to use this medium to tell you all that I'm still looking for a job. I studied accounting and I stay in the eastern part of the nation. I'm also open to internship.

Warm regards

Like how much was spent to buy that 400k units?

Myhelper1:
Wow! Your friend will receive about N3.240.000 in dividend payment. Sfsreit shares is the best way to invest in real estate if I must say!!!

ojesymsym:
Like how much was spent to buy that 400k units?

I have no clue, but it has been reduced to 52 weeks low from the beginning of this month.

Okay but if you were to use current rate, how much would that be?
Also, you guys are confusing me with this unit vs shares thing.

Myhelper1:
I have no clue, but it has been reduced to 52 weeks low from the beginning of this month.

ojesymsym:
Okay but if you were to use current rate, how much would that be?
Also, you guys are confusing me with this unit vs shares thing.

That'll be 68.60 ×400,000=27.440.000
Dividend yield is N3.240.000

A property worth of 27m can never give that kind of yield lailai.

And the guy never has to worry what type of tenant he has or waiting endlessly for a tenant to occupy the building plus things like land use charge, estate dues, development levy and risk of fire burning the building.

Myhelper1:
That'll be 68.60 ×400,000=27.440.000
Dividend yield is N3.240.000

A property worth of 27m can never give that kind of yield lailai.

ojesymsym:
And the guy never has to worry what type of tenant he has or waiting endlessly for a tenant to occupy the building plus things like land use charge, estate dues, development levy and risk of fire burning the building.

Exactly! https://seekingalpha.com/article/4294256-retire-rich-reits-sleep-well-night-retirement-portfolio

Myhelper1:
That'll be 68.60 ×400,000=27.440.000
Dividend yield is N3.240.000

A property worth of 27m can never give that kind of yield lailai.

how with 440,000 units x 3.2 total income =1.4m on an investwment of 27m paid at the end of the year .....while a master developer can use buy land of 10m and built 3 units of 3 bedroom on 2 floors @15m naira and use 2m to package the house well then collect 700k per anum rent x3 = 2.1m ...then I will pose as the agent and lawyer to my property and chop another 300k as agreements = now my money is 2.4m and my rate of return is higher almost 11 percent while ur is around 9 cos i collect rents in the start of the Year .....

ojesymsym:
And the guy never has to worry what type of tenant he has or waiting endlessly for a tenant to occupy the building plus things like land use charge, estate dues, development levy and risk of fire burning the building.

he has to worry about the negative return of around 5.3 while the land Landlord has a return of 8.8 and inflation is 17 percent instead just buy dollars and wait but suku bond at 11 .3 and use coupons to buy lands with c/o or dollars in dorm accounts...

ahiboilandgas:
how with 440,000 units x 3.2 total income =1.4m on an investwment of 27m paid at the end of the year .....while a master developer can use buy land of 10m and built 3 units of 3 bedroom on 2 floors @15m naira and use 2m to package the house well then collect 700k per anum rent x3 = 2.1m ...then I will pose as the agent and lawyer to my property and chop another 300k as agreements = now my money is 2.4m and my rate of return is higher almost 11 percent while ur is around 9 cos i collect rents in the start of the Year .....

Your understanding is wrong.
To my understanding, 400.000 units of SFS REIT will give you a return of 3,240.000 plus capital appreciation and tax free. Mainwhile, your property ideal above will only return 2.4m in which I doubt.
Plus rent defaults and plenty wahala from all side. Please take your time to go and watch tenants and landlords Saga on human rights page on Facebook.

ojesymsym:
And the guy never has to worry what type of tenant he has or waiting endlessly for a tenant to occupy the building plus things like land use charge, estate dues, development levy and risk of fire burning the building.

Not a bad deal, getting N3.2 million on an investment of about N27 million

cleverland:
Your understanding is wrong.
To my understanding, 400.000 units of SFS REIT will give you a return of 3,240.000 plus capital appreciation and tax free. Mainwhile, your property ideal above will only return 2.4m in which I doubt.
Plus rent defaults and plenty wahala from all side. Please take your time to go and watch tenants and landlords Saga on human rights page on Facebook.

opps I taught the dividen was 3.24 kobo yeild around 11 percent....hp it will remain at 64 per share after dividen payouts ? To protect capital

ahiboilandgas:
opps I taught the dividen was 3.24 kobo

The dividend yield is N8.10k

cleverland:
The dividend yield is N8.10k

ok how about the share price after dividen payout ? Will it remain 64 or will the 27m investment now reduced to 22m ?

cleverland:
Your understanding is wrong.
To my understanding, 400.000 units of SFS REIT will give you a return of 3,240.000 plus capital appreciation and tax free. Mainwhile, your property ideal above will only return 2.4m in which I doubt.
Plus rent defaults and plenty wahala from all side. Please take your time to go and watch tenants and landlords Saga on human rights page on Facebook.

The REIT is grossly underpriced, it has over N700 million in bonds and properties worth about N1.4 billion.

The REIT payout 90% as dividends and the remaining 10% is invested in fixed income. Whenever they get appropriately priced real estate, they will liquidate part of the fixed income Investments to buy more Investment properties

ahiboilandgas:
ok how about the share price after dividen payout ? Will it remain 64 or will the 27m investment now reduced to 22m ?

REIT are not marked down after dividend payments. They are not too liquid, only good for retirees and other income investors who need a steady cash flow

emmanuelewumi:



The REIT is grossly underpriced, it has over N700 million in bonds and properties worth about N1.4 billion.

The REIT payout 90% as dividends and the remaining 10% is invested in fixed income. Whenever they get appropriately priced real estate, they will liquidate part of the fixed income Investments to buy more Investment properties

Oh yes! Still very underpriced compared to the market value of N122 that I read somewhere. Alot of crossed deal made last week was around N75.45 which is still good bargain price for those who knows the value.

ahiboilandgas:
ok how about the share price after dividen payout ? Will it remain 64 or will the 27m investment now reduced to 22m ?

They don't do mark down.
It is real estate investment, no markdown, no 10% withhold taxes. And capital appreciation is possible because the price is still undervalued.

emmanuelewumi:


REIT are not marked down after dividend payments. They are not too liquid, only good for retirees and other income investors who need a steady cash flow

ok got your but based on your expirence what the likely hood if share deprecaitions after dividen payout...5 percent? 10 percent? 0 percent or an appreciation....am comparing notes with rental......am just 5 years to my plan retirement...

cleverland:
They don't do mark down.
It is real estate investment, no markdown, no 10% withhold taxes. And capital appreciation is possible because the price is still undervalued.

not bad at all ...i hope it a regulated industry to mitigate risk

ahiboilandgas:
how with 440,000 units x 3.2 total income =1.4m on an investwment of 27m paid at the end of the year .....while a master developer can use buy land of 10m and built 3 units of 3 bedroom on 2 floors @15m naira and use 2m to package the house well then collect 700k per anum rent x3 = 2.1m ...then I will pose as the agent and lawyer to my property and chop another 300k as agreements = now my money is 2.4m and my rate of return is higher almost 11 percent while ur is around 9 cos i collect rents in the start of the Year .....

If you're planning to build this idea property, just divert your money to buy sfsreit and have rest of mind. The returns is much better than the returns on visible property.

ahiboilandgas:
ok got your but based on your expirence what the likely hood if share deprecaitions after dividen payout...5 percent? 10 percent? 0 percent or an appreciation....am comparing notes with rental......am just 5 years to my plan retirement...

That why the correct price is good for entry, considering the price of the real value, right now the price is still undervalued.

Myhelper1:
If you're planning to build this idea property, just divert your money to buy sfsreit and have rest of mind. The returns is much better than the returns on visible property.

abi trado enterprenure ...i will follow the way that is sure banker but is not bad at all i will buy some share especially the dollar yielding one ....deprecaition of naira can send some one to grave ....

Myhelper1:
That why the correct price is good for entry, considering the price of the real value, right now the price is still undervalued.

any one paying in dollars

ahiboilandgas:
ok got your but based on your expirence what the likely hood if share deprecaitions after dividen payout...5 percent? 10 percent? 0 percent or an appreciation....am comparing notes with rental......am just 5 years to my plan retirement...

Difficult to fully retire in Nigeria

Myhelper1:
If you're planning to build this idea property, just divert your money to buy sfsreit and have rest of mind. The returns is much better than the returns on visible property.

Is it not better to buy UDPC reit?? Which gives over 11% dividend and the share price is very low compared to sfs reit ..... Just thinking loud

emmanuelewumi:



Difficult to fully retire in Nigeria

yes passive retirement

akinola98:


Is it not better to buy UDPC reit?? Which gives over 11% dividend and the share price is very low compared to sfs reit ..... Just thinking loud

Both are good, but I personally prefer sfsreit because the dividend yield is more than 11% and the price is undervalued at the moment, so there's room for capital appreciation.

ahiboilandgas:
yes passive retirement

Partial retirement.

Maybe having a part time job or business that requires going their twice or thrice a week, spending 4 to 5 hours per day

Myhelper1:
Both are good, but I personally prefer sfsreit because the dividend yield is more than 11% and the price is undervalued at the moment, so there's room for capital appreciation.

REIT and capital appreciation in a sentence. People buying it do so for the steady cash flow from the investment. Abroad we have REITs that pay dividends every month

Diogo2019:
Good day all

I hope we all are doing great, please I want to use this medium to tell you all that I'm still looking for a job. I studied accounting and I stay in the eastern part of the nation. I'm also open to internship.

Warm regards

Okay! Start by checking my signature we both get FREE shares