Africa’s biggest REIT markets in 2026, ranked by value
Nigeria’s five REITs have a combined market capitalisation of $230 million, placing the country below South Africa, Morocco and Kenya, as REIT markets across the continent continue to vary significantly in size and structure. The post Africa’s biggest REIT markets in 2026, ranked by value appeared first on Nairametrics .
In 2026, Africa's largest real estate investment trust (REIT) markets are ranked by value. South Africa leads with over $27 billion, accounting for about 92% of the continent's total REIT market value. Morocco follows with approximately $700 million, while Kenya and Zimbabwe have markets valued at around $250 million and $130 million respectively. Nigeria, despite having five REITs, ranks lower at $230 million.
Tanguishi Housing, a Tanzanian REIT, holds the largest position in Tanzania with a market value of $30 million. Rangoon REIT, a Ghanaian REIT, is the largest in Ghana with a market value of $40 million. REIZ-REIT, a listed REIT in Zambia, leads with a market capitalization of $80 million. Chapel Hill Denham Nigeria Real Estate Investment Trust, a Shariah-compliant REIT, is the largest in Nigeria with a market capitalization of $110 million.
Acorn, a Kenyan REIT, is the largest in Kenya with a market value of $130 million. Tigere Property Fund, also known as Tigere REIT, in Zimbabwe has a market capitalization of $130 million, ranking it as the largest REIT vehicle in the country. Bonyan, an Egyptian REIT, manages 10 commercial real estate assets across East and West Cairo, with a market capitalization of $130 million, making it the largest REIT vehicle in Egypt.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
