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Yusefu Abiodun Way, Oniru, Lagos, Nigeria

Project Summary

Grade

B +

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sector

Office

Total Size

12,000 SQM

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Status

Completed

DATE ADDED

December 2017

COMPLETION DATE

January 2019

The Cornerstone headquarters development is a 12-floor office project in Oniru with ±12,000sqm of lettable office space. Located on the site adjacent to the Four Points by Sheraton Hotel.

It was developed by Cap Phoenix Cornerstone, an SPV owned by the Capital Alliance Property Investment Company (CAPIC) (a $165m fund with a 10-year life cycle), and Cornerstone Insurance. CAPIC was established in February 2008 by African Capital Alliance to invest in real estate and real estate-related opportunities in West Africa and has existing investments including Onitsha Mall, multiple Protea Select Hotels, Mansard Place, and Alliance Place.

The Cornerstone HQ has 8 floors of office space and 4 levels of parking that will accommodate ±208 cars in total.

Project Team Members

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Building Specifications

gross leasable area

12,000 SQM

floors

12

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