Nigeria Real Estate Investment Trust (NREIT) recorded a pre-tax profit of N25.06 billion in 2025, a sharp increase from the N3.1 billion achieved in 2024. The surge was driven by gains from investment properties, according to the firm's financial report. Chapel Hill Denham, the manager of NREIT, attributed the performance to revaluation surpluses and improved asset management across its property portfolio. The trust holds commercial real estate assets in major Nigerian cities, including office spaces and retail outlets. Revenue growth and rental income contributed to the improved financial outcome, though the report did not specify exact figures for occupancy rates or new leases. The 2025 result marks one of the highest annual profits in the trust's history. NREIT has been operational since 2008 and is listed on the Nigerian Exchange Limited. The fund is designed to allow individual and institutional investors to earn returns from real estate without direct ownership of property.