Nigerian Property Markets – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Nigerian Property Markets

May 26, 2017
ei & NSE: Overview of the Nigerian REIT Industry

ei & NSE: Overview of the Nigerian REIT Industry

Visit the Real Estate Research Report Centre for our overview of the Nigerian REIT Industry completed in collaboration with the Nigerian Stock Exchange for their inaugural REIT conference. Real Estate Research Reports
May 26, 2017
Nigerian construction sector finally swings to growth.

Nigerian Construction Sector finally leaves negative territory

After 6 consecutive quarters of negative growth starting from Q2:2015 up until Q4:2016, the Nigerian construction sector has finally swung out of its recession. Data retrieved from the Nigerian Bureau of Statistics (NBS) shows that the sector only just made it out of negative […]
May 13, 2017
Cluttons LLP to close Nigeria office as part of Corporate Restructure

Cluttons LLP to close Nigeria office as part of Corporate Restructure

Cluttons LLP plans to wind down its business in Nigeria as the company seeks to restructure and position for future growth. Turnaround firm RCapital bought Cluttons out of a pre-packaged administration earlier this month, as the company came under significant pressure because the weight […]
May 3, 2017
Is a recovery in sight? - Nigeria Plans to Reopen FX Window to 41 Banned Items

Update: Nigeria Plans to Replace 41 ‘Banned Items’ with Trade Policy Driven Restrictions

According to the Vice President Yemi Osinbajo, Nigeria is currently working on replacing the 41 items not valid for foreign exchange with more trade policy-driven restrictions. In mid-2015, the Central Bank closed the interbank FX window to 41 items to […]
April 21, 2017
Standard Chartered Bank Releases Prime Space from Lagos HQ. Image Source: Cappa & D'alberto

Standard Chartered Bank Releases Prime Space from Nigeria HQ

Standard Chartered Bank, owner of a Prime Grade 15 floor office tower in Victoria Island, Lagos, is among the major corporate occupiers including banks and FMCGs that are seeking more efficient ways to maximise the potential of their space in a region […]
April 12, 2017

Mixta Real Estate PLC to List First Real Estate Bond on FMDQ OTC Exchange

Last month, the Board Listings, Markets and Technology Committee of FMDQ OTC Securities Exchange approved the listing of the Mixta Real Estate PLC ₦4.50bn Series One 5-Year 17.00% Fixed Rate Senior Guaranteed Bond (the Mixta Bond) under a ₦30.00bn Medium […]
March 27, 2017
Image Source: Economist Intelligence Unit.

Lagos Falls on EIU Worldwide (USD$) Cost of Living Survey as Naira Depreciates

Lagos fell 16 places to #132 (of 140) in the Economist Intelligence Unit’s 2017 Worldwide Cost of Living Survey as the fall in global oil prices drove a collapse in the value of the Nigerian Naira. This pushed down relative pricing, despite strong […]
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 […]