African PropTech Series: Nigeria

Typically slow in adopting technology, the real estate sector is gradually learning to meet demands of market participants through Property Technology AKA ‘PropTech’. The term refers to businesses or platforms that use technology to address the needs of the property industry by offering innovative products. Technology is leaving a significant impact on our everyday life…
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What's your greatest pain point?

What’s your greatest pain point?

Earlier in the year, we conducted private research on the Facility Management Industry with a focus on the Lagos Office Market. A key finding on customer pain points was the increased demand for improved Reporting and Documentation and Faster Response Times. Though Cost Management is typically regarded as the greatest pain point, the problems landlords…
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Head to Head: UPDC REIT vs Stanlib Fahari I-REIT

Head to Head: UPDC REIT vs Stanlib Fahari I-REIT

Research from Ernst & Young in 2017 put the global REIT market cap at approximately US$1.7tr. This sparked our interest last week and we decided to take a look at East and West Africa’s largest REITs. In our brief 3 page factsheet, we compare assets, sector diversification and other key stats. Quick fact: These 2…
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ei Factsheet: Formal Grocer Retail in Senegal

ei Factsheet: Formal Grocer Retail in Senegal

During Q3:2018, we spent some time in Dakar, Senegal! Besides the sunny weather and beautiful tourism sites, we had a chance to check out the retail market in the region. Here are some of our high-level and preliminary findings on the market. What are your thoughts on the retail market in Francophone West Africa? Reply…
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ei Fund Factsheet: Capital Alliance Property Investment Company (CAPIC)

ei Fund Factsheet: Capital Alliance Property Investment Company (CAPIC)

Take a closer look at CAPIC, one of Nigeria's leading indigenous private equity real estate funds in our most recent fund factsheet. Did you know that the hospitality industry makes up to 38% of their entire portfolio by asset count? [caption id="attachment_11985" align="aligncenter" width="1024"] ei Fund Factsheet: Capital Alliance Property Investment Company (CAPIC)[/caption] Visit the…
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African Megacity Projects

African Megacity Projects

By 2024, 4 of 5 Africa’s key sub-regions will have over 50% of its population living in urban areas. The increased concentration of people in these regions and her cities, poses a capacity problem, as many were never planned to accommodate the large urban sprawls that have been forecasted. As a result, private developers and…
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Lagos Skyline.

The 2017 Lagos Office Market in 5 Charts

With the lowest building completions in 3 years, 2017 provided an opportunity for the market to try to absorb the disruptive amount of space that was delivered during 2016. Leasing activity during the year was led by the technology sector and B Grade properties took the biggest rental hit, as the new high specification supply…
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Jai Lake Mall, Jabi - Abuja. Image source: jabilakemall.com

ei Report: Boom & Bust – The past, present and future of Nigerian retail

Hacking the African retail sector has been a significant driver of investment activity in the region over the last decade. Every piece of literature regarding Sub-Saharan Africa and the ever-prominent Africa Rising narrative points to the continent’s large rapidly urbanising population, young demography and its now disputed rising middle class. The investment activity discussed, has…
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