Recent Articles – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Recent Articles

January 15, 2017

Kingdom Holding Company sells Movenpick Ambassador Hotel Accra

January 2017 has been a particularly busy month in Ghana so far, and the recent announcement of a transaction involving the Mövenpick Accra has added to the activity.  The sale of the 260-room Mövenpick Ambassador Hotel, which opened in 2011, […]
January 14, 2017
January 2017. Development: Eko Tower II, Victoria Island - Lagos.

Updated – Development: Eko Tower II, Victoria Island – Lagos

Published August 2014. Updated January 2017. Name: Eko Towers II; Location: Adetokunbo Ademola Street, Victoria Island – Lagos; Floors: 27; Contractor: Cobel Construction; Architects: Enia Architects; Client: Eko Hotels Limited; Use: Mixed (Medical and Social Centre, Guesthouse, Accommodation unit, Restaurants and Bars, Conference […]
January 14, 2017
January 2017. Development: Providus Bank HQ, Adetokunbo Ademola Street ('Eko Hotel Roundabout'), Victoria Island - Lagos.

Updated – Development: Providus Commercial Bank Headquarters, Victoria Island – Lagos

Published: October 2016. Updated: January 2017. Name: Providus Commercial Bank Headquarters; Address: Plot 724 Adetokunbo Ademola Street, Victoria Island – Lagos; Developer: Providus Commercial Bank; Floors: 5; Contractor: First Synergi Construction Limited. Providus Commercial Bank, one of Nigeria’s newest banks, is currently developing their new […]
January 9, 2017
Alliance Place, Alfred Rewane Road, Ikoyi - Lagos. January 2017.

Updated – Development: Alliance Place, Ikoyi – Lagos

Alliance Place on Alfred Rewane Road (Kingsway Road) in Ikoyi is an ongoing office development by Edimara Properties Ltd, a Joint Venture between African Capital Alliance and Samges Investments Limited. Aside being the new HQ for African Capital Alliance, there will be leasable space for […]
January 6, 2017
African Logistics Properties Acquires Second Site for Development

Africa Logistics Properties Acquires Second Nairobi Site for Industrial Development

Africa Logistics Properties (ALP), an integrated commercial property investment platform with a principal focus on the logistics and industrial sector, have completed their second Nairobi land acquisition of 22.3 acres in Tatu in Northern Nairobi. They are backed by diversified investment holding […]
January 6, 2017

Looking back on 2016: Notable moments in African hospitality and travel

2016 was a memorable year for the world as a whole – the deaths of so many greats, the rise of populism in the West – and for us in Africa, elections, economic challenges and headwinds.  Economic recession in many […]
January 3, 2017
December 2016 - Marriott Hotel, Ikeja GRA (View from Oba Aladejobi Street).

Updated – Development: Marriott Hotel, Ikeja GRA – Lagos

Published: June 2016. Updated: January 2017. Name: Marriott Hotel Ikeja Government Reservation Area (GRA); Location: Site is accessible from Oba Aladejobi Street and Joel Ogunnaike Street, Ikeja Government Reservation Area (GRA) – Lagos; Use: Hospitality; Number of Rooms/Keys: 251; Estimated Site Area: […]
January 3, 2017
December 2016. Development: Duchess Hospital, Joel Ogunnaike Street, Ikeja GRA - Lagos

Updated – Development: Duchess Hospital, Joel Ogunnaike Street, Ikeja GRA – Lagos

Published: June 2016. Updated: January 2017. Name: Duchess Hospital; Location: Corner of Harold Shodipo Crescent and Joel Ogunnaike Street, Ikeja Government Reservation Area (GRA); Use: Hospital; Developer: Private; Contractor: BCL Construction and Civil Engineering; Architects: Quatro Architects; Structural Engineers: Geoconsult Associates; Mechanical and […]