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

Nigerian Property Markets

July 25, 2017

Lagos Instructs Owners of Properties on Drainage Channels to Vacate or Risk Removal

In a press release published by the Lagos State Government, owners of properties erected on drainage channels that impede the free-flow of water were instructed to immediately vacate or risk being removed. The notice comes shortly after severe flooding affected most […]
July 9, 2017

Lagos State Seeks to Review Tenancy Law of 2011

The Lagos State Law Reform Commission has identified the need to review certain provisions of the existing Lagos State Tenancy Law of 2011 according to a press released published by Lagos State. The review will be done with a view […]
July 7, 2017
Lagos Skyline. Instagram: images by omidire

Lagos Land Registry Commissions Thompson Reuters Suite to Improve Title Perfection Process

On the 6th of July, Governor Ambode commissioned the upgraded and redesigned Land Registry of the State as part of new reforms put in place to re-position land administration for efficiency. The new registry is equipped with a Thomson Reuters […]
June 29, 2017
This S&P 500 REIT Made $215m in Operating Revs from its Nigerian Assets in 2016. Image Source: American Tower Corporation

This S&P 500 REIT Made $215m in Operating Revs from its Nigerian Assets in 2016

The American Tower Corporation (ATC), an independent owner, operator and developer of multi-tenant communications real estate (cell towers) generated over $215m in operating revenues during 2016 from its towers owned in Nigeria, according to their 2016 year-end financial statements. The […]
June 27, 2017
Real Estate Investment In Africa: Is the honeymoon over?

CBRE Expects Next Wave of Anticipated Growth in African Property in 3 – 5 Years

CBRE expect that the African real estate market in terms of development, rents and investment appetite, will begin to experience its next wave of anticipated growth over the next 3 – 5 years. The view is a product of a […]
June 19, 2017
March 2017. Development: Ilubirin, Lagos Island, Lagos

Profica Team takes on Non Retail Construction Projects in Nigeria

Profica, a professional construction project management company, recently announced their appointment to manage the construction of three projects in Nigeria. As their experience in the project management of Jabi Lake Mall, Owerri Mall, Asaba Mall, Delta Mall and Festival Mall demonstrate, […]
June 8, 2017
Lagos Skyline. Instagram: images by omidire

Here are the Challenges facing Nigerian REITs and the actions Regulators will take

The Nigerian Stock Exchange’s held its Inaugural Real Estate Investment Trust (REIT) conference in late May and stakeholders across various sectors came together once more to discuss the ways each stakeholder, from regulator to investor, will play their part in setting the Nigerian REIT sector […]
May 26, 2017

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