Construction and Real Estate stocks on the Nigerian Exchange
Builders, civil engineering majors and listed REITs — exposure to Nigeria's housing deficit.
All Construction and Real Estate stocks on the NGX
| Ticker | Price | Change | Volume | Market Cap |
|---|---|---|---|---|
| JBERGER Julius Berger Nigeria Plc |
₦288.00 | +0.00% | 157,243 | ₦460.80B |
| NREIT Nigeria Real Estate Investment Trust |
₦103.00 | +0.00% | 200 | ₦163.63B |
| NIDF Nigeria Infrastructure Debt Fund |
₦126.00 | +0.00% | 570,282 | ₦150.74B |
| MOFIREIF Morison Finance & Investment Plc |
₦100.00 | +0.00% | — | ₦100.00B |
| UPDC UPDC Plc |
₦4.90 | +0.00% | 4,128,139 | ₦90.94B |
| UPDCREIT UPDC Real Estate Investment Trust |
₦7.20 | +1.41% | 2,849,575 | ₦19.21B |
| UHOMREIT Unilag Homes REIT |
₦72.50 | +0.00% | 167,372 | ₦18.13B |
| HMCALL HMC Alliances Plc |
₦4.10 | +0.00% | 753,634 | ₦12.80B |
| CNIF CNI Finance Plc |
₦110.00 | +0.00% | 107,147 | ₦9.67B |
| SFSREIT Seerbit Technical Limited (SFS REIT) |
₦418.75 | +0.00% | 3,682 | ₦8.38B |
| RONCHESS Ronchess Global Resources Plc |
₦81.00 | +0.00% | — | ₦7.37B |
| AVAIF Avon HMO Plc |
₦1,000,000.00 | +0.00% | 1 | ₦4.08B |
About Construction and Real Estate on the NGX
Construction and Real Estate covers two distinct sub-segments. Construction includes Julius Berger Nigeria — the dominant civil engineering firm executing federal road, rail and airport projects — alongside smaller builders. Real Estate is led by listed REITs: UPDC REIT, SFS REIT (Skye Shelter Fund) and UHomes REIT, plus property holding companies like UACN Property Development (UPDC).
The sector is leveraged to government capex (Julius Berger), the persistent Nigerian housing deficit (estimated at 20+ million units), and mortgage market expansion. The REITs are the closest thing on the NGX to a rental-income, defensive yield play — they trade at meaningful discounts to NAV and pay regular distributions. Construction stocks are more volatile and project-cycle dependent.