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

Recent Articles

March 28, 2017

Updated – Development: Kumasi City Mall, Kumasi – Ghana

Name: Kumasi City Mall; Address: Lake Road, Asokwa region, Kumasi – Ghana; Developer: Attebury, Hyprop Investments, Delico Property Development; Use: Retail; Size: 18,500m²; Anchors: Shoprite and Game; Main Contractor: WHBO; Expected Completion: April 2017; Published: September 2016. Updated: March 2017. Kumasi Mall is an 18,500m² shopping […]
March 28, 2017

Listed Real Estate in Eastern Africa and Beyond – What Next?

East African property markets have demonstrated desirable levels of resilience over the past few years. As African economies including Angola, Nigeria, Zambia and Ghana have reeled from commodity price induced recessions, better diversified countries in the East African region including Kenya […]
March 28, 2017

Marriott announces adaptive reuse project for an Aloft in Mauritius

Marriott International, which now owns Starwood and all its brands, announced the signing of a hotel deal with Green East Master Limited for an Aloft Hotel.  If developed and opened according to schedule, it might become the first Aloft-branded hotel on […]
March 27, 2017
Image Source: Economist Intelligence Unit.

Lagos Falls on EIU Worldwide (USD$) Cost of Living Survey as Naira Depreciates

Lagos fell 16 places to #132 (of 140) in the Economist Intelligence Unit’s 2017 Worldwide Cost of Living Survey as the fall in global oil prices drove a collapse in the value of the Nigerian Naira. This pushed down relative pricing, despite strong […]
March 27, 2017
Development: GTBank Lekki Phase 1, Lekki - Lagos. Image Source: Anetor

Updated – Development: GTBank Branch, Admiralty Way, Lekki Phase 1, Lekki – Lagos

Name: GTBank Lekki Phase 1 Branch; Developer: GTBank Nigeria; Location: Admiralty Way/Niyi Okunbi Street, Lekki Phase 1, Lagos; Contractor: Monterossa Construction; Floors: 4; Architect: Anetor + Associates; Project Managers: Anetor + Associates; Quantity Surveyors: Precept Cost Consulting; Structural Engineers: Citiwest Engineering Consultants […]
March 27, 2017
March 2017. Development: New Dawn Baptist Church, Oniru - Lagos

Development: New Dawn Baptist Church, Oniru – Lagos

Name: Mixed Use Facility for New Dawn Baptist Church; Developer: New Dawn Baptist Church; Location: Ogunyemi Street, Oniru – Lagos; Contractor: Vita Construction Limited; Architect: ATO Architects; Quantity Surveyors: Folmak Partnership; Structural Engineers: IAA Associates Limited; Mechanicaland Electrical Engineers: Molecular Consultants and Associates. The New Dawn […]
March 27, 2017
March 2017. Development: Twin Waters Entertainment Centre, Lekki Phase 1 (Right), Lagos

Updated – Development: Twin Waters Entertainment Centre, Lekki Phase 1 (Right), Lagos

Name: Twin Waters Entertainment Centre; Developer: Private Individual; Location: Okunde Bluewater Zone, off Remi Olowude Street; Main Contractor: Telisol Limited; Use: Mixed – Restaurant, Sports bar, Retail, Event Centre; Project Managers: Conceptstruck Company Ltd.; Architects: Conceptstruck Company Ltd.; Structural Engineers: […]
March 26, 2017
March 2017. Development: Dr. Charles Hammond's Clinic, Lekki Phase 1, Lagos

Updated – Development: Dr. Charles Hammond’s Clinic, Lekki Phase 1, Lagos

Name: Dr. Charles Hammond’s Clinic; Location: Corner of Bisola Durosimi-Etti Drive and Admiralty Way; Developers/Client: Trust Hospital Limited; Beds: 90 – 136 (estimated); Main Contractor: Sharpoorji Pallonji Nigeria Ltd; Project Manager and Quantity Surveyors: Consol Associates; Architect: Interstate Architects; Structural Engineer: Soji […]