Healthcare – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel


August 3, 2017
(L-R) Prof. Isaac Adewole, Minister of Health of Nigeria; Afreximbank President Dr. Benedict Oramah; and Prof. Ghulam Mufti, Non-Executive Director of the Board of Kings College Hospital, UK, following the signing of the MOU in Abuja

Afreximbank, Kings College Hospital and Nigerian Ministry for Health Sign Hospital Development MoU

The African Export-Import Bank (Afreximbank), Kings College Hospital (KCH) London, and the Nigerian Ministry of Health have entered into a memorandum of understanding (MoU) to collaborate in developing a centre of excellence for healthcare in Nigeria. The centre will specialise in […]
July 25, 2017
380-Ward (700 bed) State of the Art International Hospital Complex named Eco-Medical Hospital. Image Source: Eco Medical Village Limited

Ghanaian 700-Bed Hospital Project in $300m Funding Deal with Milost Global

Eco Medical Village Limited, a company seeking to develop a 380-Ward (700 bed) hospital complex for middle and upper class West Africans, recently announced that it executed a $300 million financing term sheet with Milost Global Inc. The Eco Medical […]
March 26, 2017
March 2017. Development: Dr. Charles Hammond's Clinic, Lekki Phase 1, Lagos

Updated – Development: Dr. Charles Hammond’s Clinic, Lekki Phase 1, Lagos

Name: Dr. Charles Hammond’s Clinic; Location: Corner of Bisola Durosimi-Etti Drive and Admiralty Way; Developers/Client: Trust Hospital Limited; Beds: 90 – 136 (estimated); Main Contractor: Sharpoorji Pallonji Nigeria Ltd; Project Manager and Quantity Surveyors: Consol Associates; Architect: Interstate Architects; Structural Engineer: Soji […]
March 14, 2017
IFC Mulls Investment in Nigerian Hospital Project Sponsored by AXA Mansard

IFC Mulls $8.2m Investment in Nigerian Hospital Project Sponsored by AXA Mansard

The IFC, a member of the World Bank Group, is considering a USD $8.2m equity investment for a 20% equity stake in a hospital project in Lagos, Nigeria sponsored by AXA Mansard Insurance. The hospital will be built on a 20,000m2 land purchased […]
January 3, 2017
December 2016. Development: Duchess Hospital, Joel Ogunnaike Street, Ikeja GRA - Lagos

Updated – Development: Duchess Hospital, Joel Ogunnaike Street, Ikeja GRA – Lagos

Published: June 2016. Updated: January 2017. Name: Duchess Hospital; Location: Corner of Harold Shodipo Crescent and Joel Ogunnaike Street, Ikeja Government Reservation Area (GRA); Use: Hospital; Developer: Private; Contractor: BCL Construction and Civil Engineering; Architects: Quatro Architects; Structural Engineers: Geoconsult Associates; Mechanical and […]
December 11, 2016

Development: Lagos State Medical Park (Medipark), Ikoyi – Lagos

Name: Lagos State Medical Park (Medipark); Location: Awolowo Road Ikoyi, with access from Obadeyi Close; Site Area: 18,750.15sqm; Beds: 180; Said Cost: N49bn; Developer: Public Private Partnership with Mediapark International Limited Consortium and Ibile Holdings (Investment Company of The Lagos State Government). […]
November 10, 2016

Existing Project: Ibom Specialist Hospital, Itam, Uyo – Akwa Ibom

Name: Ibom Specialist Hospital; Location: Ekit Itam, Ikot Ekpene Road, Uyo, Akwa Ibom; Developers/Client: Akwa Ibom State Government; Beds: 308; Main Contractor: Messrs Ghito; MEP: NAIRDA; Equipment Supply: JNC International; Operator: First Cardiology Consultants and MedConnect Management Consultants (UAE); Commencement Date: Q4:2015. The Ibom Specialist Hospital […]
November 10, 2016
Development: Reliance Referral Hospital, Garki II, Abuja - FCT. Image Source:

Existing Project: Reliance Referral Hospital, Garki II, Abuja – FCT

Reliance Referral Hospital is a 160-bed hospital located in Garki II, Abuja that was completed in 2013. It is owned by Acacia Holdings company, a hold-co established to provide services in healthcare, furniture and other sectors. Prior to its opening, it was […]