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


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 […]
October 30, 2014
May 2015. Summit Hills Calabar. Image Source:

Development: Summit Hills, Calabar – Cross River

Name: Summit Hills; Location: Cross River State, north of the City of Calabar; Size: 367 hectares; Use: Mixed Use including a Convention Centre, Hotel, Golf Course and Clubhouse, Nature Reserve, Hospital and Residences; Developers: Mixture of Government and Public Private Partnerships; […]