The federal government on Tuesday listed the N1 trillion Managed Real Estate Investment Fund (MREIF) Series 2, managed by the Ministry of Finance Incorporated (MOFI), on the Nigerian Exchange Limited (NGX) in a landmark step toward unlocking value from public real estate assets deepening Nigeria’s capital market and bridging the current housing deficit.
The listing was commemorated with a Closing Gong Ceremony at the Exchange, led by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who described the fund as a critical vehicle for driving housing development, financial inclusion, and sustainable growth.
MREIF is designed to transform Nigeria’s portfolio of public real estate assets into a transparent, market-driven investment platform.
By pooling these assets into a fund listed on the NGX, Edun noted that the government aims to create new avenues for citizens and institutions to invest in the real estate sector while promoting asset monetisation and private sector participation.
According to Edun, the listing aligns with President Bola Tinubu’s reform agenda to build a $1 trillion economy by expanding investment opportunities and strengthening domestic capital formation.
