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Research Note: Understanding the increased investor interest in Nigerian Healthcare

An increasing number of investors are choosing to allocate capital to the Nigerian healthcare sector as an undersupply of beds relative to other African countries demonstrates an attractive opportunity. At least 800 beds are in the pipeline over the next 4 years as various investors back tertiary facilities that aim to keep $1.6bn of outbound […]


IFC Commits $8.5m in Hospital Project Sponsored by AXA Mansard

The IFC, a member of the World Bank Group, has committed an equity investment of $8.5 million in Santa Clara Africa Limited, a company created to develop a 150-bed hospital and two 10-bed clinics in Lagos, Nigeria. It is promoted by AXA Mansard Plc, the Nigerian subsidiary of AXA Group, who provided equity to the project alongside […]


Development: 6 Floor Office Development, Aliba Abiodun Oniru Road, Oniru – Lagos

Name: 6 Floor Office Development; Location: Abila Abiodun Oniru Road, Oniru – Lagos Use: Office; Floors: 6; Main Contractor: Charvet Construction; Architects: ECAD Architects Structural Engineers: Morgan Omonitan & ABE Limited; Mechanical, Electrical and Plumbing Engineers: Consultants Collaborative; Quantity Surveyor: Tillyard Nigeria Limited; Mechanical, Electrical and Plumbing Subcontractor: Charvet. A 6 floor office development is currently […]


Development: Westfield Emporium, Ikate Junction, Lekki Epe Expressway – Lagos

Name: Westfield Emporium/Mall; Location: Ikate Junction, Lekki Epe Expressway, Lagos. Beside Oando Filling Station; Floors: 3; Use: Mixed – Office and Retail; Number of Units: 30 Retail Units & 17 Offices; Total Size: 30,000sq. ft. or 2,787m2 ; Client/Developer: Oba Saheed Ademola Elegushi; Architect: Dillon Consultants Nigeria Limited; Quantity Surveyor: Dillon Consultants Nigeria Limited; Project Manager: Dillon Consultants Nigeria Limited; […]


Updated – Development: Diamond Bank Head Office, Victoria Island, Lagos

Name: Diamond Bank Head Office; Address: Prince Alaba Oniru, Victoria Island, Lagos; Architects: James Cubitt Architects; Main Contractor: Cappa & D’alberto; Structural Engineers: Sanni Ojo & Partners; Electrical Services Engineers: C.A. Consultants; HVAC & Piped Services Engineer: C.A. Consultants; Quantity Surveyor: Consol Associates; Mechanical and Electrical Services Subcontractors:  Lambert Electromec Ltd; Lifts: Kresta Laurel Ltd. Construction for Diamond Bank’s […]


Updated – Development: Techno Oil HQ – Victoria Island Annex/Oniru – Lagos

Name: Techno Oil HQ; Developer: Techno Oil; Address: Prince Alaba Oniru Road, off Yesuf Abiodun Way, Victoria Island Annex/Oniru – Lagos; Contractor: Elalan Construction; Floors: 5; Size: 2,400m2; Completed: 2017. The Techno Oil HQ is a 5-floor development located on Prince Alaba Oniru Road, off Yesuf Abiodun Way in the Victoria Island Annex/Oniru. It was developed […]


Updated – Development: Alliance Place, Ikoyi – Lagos

Name: Alliance Place (Formerly Kings Tower); Location: Alfred Rewane (Kingsway) Road; Size: 6,670sqm; Floors: 12; Floor Plate: 908sqm; Parking: 129 cars (4 Levels + Surface) Developer: Edimara Properties Ltd. (JV Between African Capital Alliance and Samges Investments Limited); Project Managers: Green House; Architects: Ngonyama Okpanum Associates; Contractors: BCL Limited; Leasing Agent: Broll Nigeria; Estimated Completion Date: Q1:2018. […]


An Inside Look: 4 Bourdillon, Ikoyi

The images below show the inside of a sample luxury flat in 4 Bourdillon on Bourdillon Road in Ikoyi. The 25 floor residential is located on the corner of Bourdillon and Thompson Road and should stand as one of the tallest residential towers in Lagos once completed. What do you think?


Development: Empire Court, Oba Adeyinka Oyekan Avenue, Ikoyi, Lagos

Name: Empire Court; Developer: Empire Court Estates Limited; Use: Residential; Floors: 9; Location: Oba Adeyinka Oyekan Avenue, Ikoyi, Lagos – Nigeria; Main Contractor: Cappa & D’Alberto; Architects and Project Managers: Consultants Collaborative Partnership (CCP) and Dakota Designs; Structural Engineers: Consultants Collaborative Partnership; Mechanical and Electrical Engineers: Consultants Collaborative Partnership; Quantity Surveyors: Constrworth Consult: Electrical and Plumbing Subcontractor: Etco […]


Development: Hotel Project, Corner of Ojora and Onitolo Road, Ikoyi – Lagos

Name: Hotel Project; Address: Corner of Ojora and Onitolo Road, Ikoyi, Lagos – Nigeria; Use: Hospitality; Keys: 200; Features: Banquet Hall, Rooftop bar and swimming pool, Fitness Centre and Spa; Parking: 300 bays; Floors: 7; Developer: Tom Hawksworth Limited; Architects: Design Group Nigeria; Project Managers: Design Group Nigeria; Structural Engineers: Jubas & Company Limited; Mechanical and Electrical Engineers: Avantis Integrated Consulting; Main Contractor: Vita Construction […]


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