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skyefund_banner2 What does it mean to be financially free? Imagine having more than enough money to buy what you want, when you want it and how you want it. Imagine having total control over your life. We all want this sort of lifestyle, and we all pursue financial freedom. There are a few ways to attain financial freedom, which include building multiple streams of income and investing. You could either invest in stocks and bonds, or real estate. If you are considering real estate investment, then look to Skye Shelter Fund. Skye Shelter Fund is a Real Estate Investment Trust Scheme which was officially listed on the Nigerian Stock Exchange on 28 February 2008. Skye Shelter is Nigeria’s first Real Estate Investment Trust [REIT] publicly listed in the Nigerian Stock Exchange Real Estate Investment The Fund is dedicated to utilizing a practical approach to acquiring, holding, renting, renovating and/or trading income-generating real estate, such as residential homes, shopping malls, shops, hotels, offices and warehouses, while taking advantage of The Fund’s tax exempt status. There are 3 types of Real Estate Investment Trusts [REITs] – Equity REITs which invest in/own properties and makes revenue from rents received. Mortgage REITs which invest in mortgages and generates# revenue from interests on mortgage loans. And finally the Hybrid REITs which combines both the Mortgage and Equity REITs One amazing benefit of investing with Skye Shelter is that Income is exempt from Taxation in Nigeria. Typical investors are:
  • Pension Funds
  • Endowment Funds and Foundations
  • Insurance Companies
  • Bank Trust Units
  • Mutual Funds
  • Individual Investors
  You can contact Skye Shelter on Head Office: Plot 287, Ajose Adeogun Street, Victoria Island, Lagos Tel: +234 01 2801400 Email: shelter@skyebankng.com Web: www.skyeshelterfund.com  

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This article was first published on 10th April 2013 and updated on January 30th, 2017 at 12:12 pm

pagboga

Chojare Pamela Agboga is a Legal Practitioner, Writer, Editor, Chartered Secretary and Administrator. She is currently working on her first novel 'Weekends are for Loving' as well as a devotional for women.


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