The MOFI Real Estate Investment Fund recorded a Net Asset Value of N270.29bn in 2025. This figure reflects steady growth from N261.83bn in early fourth quarter. The fund demonstrated resilience despite economic headwinds.
According to its Q4 investor report filed with Nigerian Exchange Limited, performance remained strong. The fund operates under a N1tn shelf programme structure. Additionally, regulators approved it under Securities and Exchange Commission guidelines.
The fund began operations in March 2025. It followed full subscription of its N100bn Series 2 issuance. For the ten-month reporting period, total income reached N36.54bn. Interest income from loans and instruments drove earnings significantly. Consequently, investors secured an annualised yield of 19.28 percent.
Beyond financial returns, the fund targets Nigeria’s housing deficit. By December 2025, it originated 1,082 mortgages nationwide. These mortgages covered 21 states and the Federal Capital Territory. Total disbursement reached N70.72bn for affordable housing support.
During the fourth quarter, activity accelerated sharply. The fund onboarded three additional Eligible Financial Institutions. Therefore, participating institutions increased to eighteen nationwide. It disbursed N23bn for 336 mortgage applications in Q4.
Managed by ARM Investment Managers Limited, the fund announced final distributions for investors. Series I and Series II investors will receive declared unit payouts. Notably, rating agencies assigned strong investment-grade ratings. These ratings reinforce investor confidence in long-term sustainability.
