The Madina Tower In Lagos Has Been Branded By Centrum Properties. Here’s What You Should Know About The Property
Linah Amondi . 3 months ago
Centrum Properties Ltd.
madina development
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Article Summary: Centrum Properties Limited, an African infrastructure management company has now branded Madina Tower, a commercial office project in Victoria Island, Lagos.
Centrum Properties Limited, an African infrastructure management company has now branded Madina Tower, a commercial office project in Victoria Island, Lagos. Completed in 2018, Madina Tower has been up for sale for multiple years and was just recently acquired for an undisclosed amount and buyer. While we can see that Centrum has now branded the property, we are yet to confirm if they are the acquirer.
Centrum Properties Limited is a subsidiary of the Sahara Group specializing in infrastructure management, with a track record in the residential, office, and hospitality sectors. The company is headquartered at 45, Aguiyi Ironsi Street, Maitama, Federal Capital Territory. Centrum currently owns a couple of projects in Nigeria including Corporate Centrum in Lagos, Peggy’s Pointe, Capital Centrum, and the ongoing Jibike Luxury Apartments all in Abuja.
Below is a description of the Madina Tower:
Name: Madina Tower
Location: Ozumba Mbadiwe Raod, Victoria Island, Lagos State
Grade: B+
GLA: 8,300 SQM
Number of floors: 16
Completion date: 2018
Developer: Madina Development Limited
Architect: Badih And Kantar
Contractor: Al-Mansour Contracting Construction Limited
Source: Estate Intel
We love your feedback! Let us know what you think about Madina’s acquisition by emailing [email protected].
If you have research requirements or are considering investing in Nigeria’s property market, contact our Capital Advisors team at [email protected].
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