What is REIT?
Reit is an acronym for
Real Estate Investment Trust. It is a vehicle that invests in the ownership and
management of a pool of real estate assets and mortgages, and packages them as
tradable securities into which individual investors can subscribe. Continue...
WHAT IS HMK REIT?
HALDANE MCCALL REAL ESTATE INVESTMENT TRUST (HMK REIT) is a close ended real estate investment constituted under a Trust Deed. HMK REIT will invest in Commercial and Residential properties that are already generating rental income in prime areas in Nigeria. The HMK REIT will be managed by FSDH Asset Management Ltd, one of the leading Asset Managers in Nigeria.
WHAT IS THE OBJECTIVE OF THE HMK REIT?
The investment objective of the REIT is to provide Unit holders with regular and stable distributions, sustainable long-term growth in dividend payment and NAV per unit while maintaining an appropriate capital structure. It aims to achieve a long-term appreciation of its assets and maximize returns on capital employed.
WHY INVEST IN HMK REITS?
Investing in the REIT allows for diversification of your investment portfolio thereby reducing risks
There is access to first class properties in prime areas at discounted prices.
Rent from the Commercial properties which allow the Fund Manager concentrate on the management of the REIT.
There is diverse corporate tenant profile with staggered rental renewal periods which prevents mass vacancy at any one period. Existing long term leases with tenants.
A Primary Market Maker will be appointed by The Nigerian Stock Exchange to ensure liquidity of the units by facilitating continuous trading of the REIT on The NSE
Bank guarantee of part of the projected rental income
The REIT is managed by professionals with great care, top skill, prudence and diligence.
Access to the experience of professionals of diverse skills and in-depth knowledge in real estate investment and operations that make up the Investment Committee.
Stable and regular distribution of at least 90% of the net income accruing from diversified portfolio of real estate and real estate related assets across residential and commercial properties and money market instruments.
Properties strategically located in the heart of Ikeja, GRA and Ikoyi Lagos.
100% Committed Occupancy with high quality tenants.
HOW TO PURCHASE
HOW TO PURCHASE
Copies of the application Form can be obtained during the usual business hours on any week day (except public holidays) at the offices of Goldbanc Management Associates Ltd, BGL Capital Ltd, Capital Bancorp Plc, Greenwich Trust Ltd, Planet Capital Ltd, and Lead Capital Plc, your stockbroker or any of the Receiving Agents listed on pages 135-136 of the Prospectus or 61-62 of the Abridged Prospectus or downloaded from www.hmkreit.com and submitted to any of the issuing houses listed above.
HMK REIT is offering for subscription 2,600,000,000 units
OFFER PRICE: N5.15 per unit
MINIMUM SUBSCRIPTION: 10,000 units and multiples of 2,000 thereafter
OFFER SIZE: N13, 390,000,000 (Thirteen Billion Three Hundred and Ninety Million Naira Only)
PAYMENT TERMS: In full on application
DURATION: Offer Opens: December 04, 2014 and Closes January 14, 2015
PROCEEDS: The proceeds of the REIT will be applied as consideration for the purchase of the initial assets of the REIT from the Sponsor and the third party agents while the balance will be utilized in investment in other real estate, real estate related assets and money market instruments.
DISTRIBUTION: A minimum of 90% of the income earned in any financial year will be distributed to unit holders every financial year.
RATING: The N13.3b Haldane McCall Real Estate Investment Trust is assigned a ‘BBB’ rating by Global Credit Rating Company Limited.
KEY PARTIES INVOLVED IN THE HMK REIT
1. FUND MANAGER: FSDH Asset Management Ltd
3. CO-ISSUING HOUSES: BGL Plc
Capital Bancorp Plc
Greenwich Trust Ltd
Lead Capital Plc
Planet Capital Ltd
4. TRUSTEE TO THE FUND: SKYE Trustees Ltd
5. CUSTODIAN: UBA Plc (Global Investors Services Division)
6. SOLICITORS TO THE TRUSTEE: Austen–Peters & Co 
60 comments:
Ok!
SUPERSLIMC4
Cool
That is very interesting
Next I done hear,!!!! JC
Hmmmmm... Linda r u buyin/investing
Seen...
Ok noted
Copy that!
Seen nxt!
Ok
Ok seen
very informative
THATS MASSIVE.IM WHAOED..AKA..TRIPPING
So good!!
•
•••GUTS OVER FEAR•••
•
•••QUEENMAYA•••
Ok oooooooo
Abeg make person read am for us summarize the whole tin #layzie
Issssssokay Miss Linda
OK, it's time Nigerians have decent accommodation. Nice one.
Ok
9ice...
King of BoyZ
9ice...
King of BoyZ
Sounds interesting. However are the investments in prime properties around 'Nigeria' or just Ikeja and Ikoyi.
Also has BGL been totally cleared by the SEC? Please confirm before getting involved!!
I'm definitely going to follow Donald Trump footstep by investing in the real estate come 2015. HMK REIT is the answer.
***ECHOMASS***
REIT investment not for the common man.
MR EDDY said.
Super cool
^
^
^™THAT EDO BOY.COM~
Noted
Nice
Ekiti Boy say so.
Ok.. !!!
Ok.. !!!
that nice,thinking of giving it a try
Ok
Very nice
What is the year 1 projected dividend yield?
Cooooool
Linda Abeg post my comment na
Noted
Amakadarlyn@yahoo.com
Linda do u notice onyx n dat eddy dreamer r no longer commenting after uve given dem 100k.
Where are all the real estate people. For you.
That's for those who wanna invest
Alright.
Just like investment in shares.
Linda this shd interest u. Make good investment while u can.
Don't spend too much on fashion
Would have preferred an investment that allows u own ur own home in the next let's say 5 yrs.
really
a.k.a EDWIN CHINEDU AZUBUKO said...
.
Oky thats nice....
*GLO BRING 3G TO KONTAGORA*
.
.
***CURRENTLY IN JUPITER***
pls I need an angel to assist me financially on did blog on my business.its not being easy wit kids since my husbands work az not been going fine for quite sometime now.pls I need ur help no matter aw small I would really app at least to start something and take care of my children.pls don't ignore my request bcos I know am asking for something big but I believe there is nothing my God cannot do.pls help a sister its really frustrating as am pregnant and will soon b put to bed.I think mothers in d house would understand me more better.thanks and May the good lord b wit u all.Sis linda pls check ur inbox I sent a mail to u and I pray God will b wit u too and ur entire family.thanks bolatitoo@gmail.com
very intresting buh no money
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Sounds interesting
Nice one
#Commenting thru GLO 4G LTE
Scam
Naija,una don photocopy paramount group incorporated,USA.
Stop displaying your stupidity
Got it
Na so...
the application form does not load, shows error. Linda speak to your people and get back to us.
that's the result of hard work Success
its a good way to invest.
it a good way to invest, i have bought the idea.
@Anon 7:54 how is that your business? 'sigh' #onelovefromSnow#
This is great info. Thanks!
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