A Supply Glut Looms in the Prime Segment of the Lagos Office Market
Bisi Adedun . 1 week ago
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Karaa Place
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lagos office market
Lagos real estate market
the pantheon
The prime segment of the Lagos office market is expecting a supply glut in the coming years. According to the 2024 Lagos Real Estate Development Pipeline Report, with 15% of the current pipeline nearing completion and occupancy rates already affected by macroeconomic conditions, we’re likely to see rental prices soften amid concessions by building owners. Download the 2024 Lagos Real Estate Development Pipeline Report for more information.
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