Get real time data on Lagos’s Industrial real estate market!

Lagos  is one of the most populous cities in Nigeria, with its economic capital accounting for over 60% of economic activity. Despite the fact that investment activities in the city  have been mostly focused on the traditional office and residential sectors, the industrial/warehouse sector also carries weight. 

Lagos State hosts some of the foremost manufacturing companies in the countr y. Some of these include: Guinness Nigeria PLC, IPWA PLC, Dangote Sinotruck Nigeria and, PZ Cussons Nigeria Limited amongst others. These companies typically have large warehouses that they use for  manufacturing, storing, distributing, assembling, and packaging their goods.

Estate intel is currently tracking up to 120 warehouses in 8 numbers of industrial nodes including: Oregun, Ikeja, Apapa, Ikorodu, amongst others. According to our analysis, Oba Akran currently has the highest warehouse stock at up to 270,000sqm. This area is located within central Lagos and is in close proximity to other industrial areas in Lagos such as: Ogba, Oregun, and Agidingbi, Ikeja. 

As an investor in Nigeria’s manufacturing industry, it’s very important that you understand the current level of saturation, space occupied, participants in the industry, and investment opportunities. Estate Intel has data that you need on the:

• Total stock
• Locations
• Average rent/sqm 
• Tenant’s industry, and 
• Information on key real estate market participants who are active in the industrial/warehouse market. 

If you would like to get access to this data and more, schedule a demo with our team here.

We love your feedback! What are your thoughts on the Lagos Industrial market, let us know by sending an email to [email protected].