The Ministry of Finance Incorporated Real Estate Investment Fund (MREIF) has successfully closed its N250 billion pilot fundraising, marking a major step towards bridging the country’s housing finance gap.
The N100 billion Series 2 issuance was fully subscribed, reflecting strong demand from institutional investors and affirming market confidence in the fund’s structure and long-term potential.
This achievement follows MOFI’s initial N150 billion investment in Series 1, with the Series 2 offer attracting robust private sector participation.