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

Recent Articles

November 20, 2017

Carlson Rezidor signs its first Radisson Blu Hotel in Cameroon

Carlson Rezidor Hotel Group has announced the signing of a new hotel project for development in Douala, the commercial and economic capital of Cameroon.  The 150-room hotel will consist of studios and apartments, and will be branded as Radisson Blu Hotel […]
November 20, 2017
July 2017. Development: The Azuri Peninsula, Eko Atlantic - Lagos. Image Source: Hakon - Skyscrapercity

Nigeria’s Overall GDP Stronger in Q3:2017 but Real Estate and Construction Continue to Decline

Nigeria’s Gross Domestic Product (GDP) grew by 1.40% in Q3:2017 (year-on-year) in real terms according to data published by the Nigerian Bureau of Statistics. This stands as the second consecutive positive growth since the emergence of the economy from recession […]
November 16, 2017

Hotel groups address lengthy development periods in West Africa

West Africa has been at the heart of the continent’s growth and economic transformation in recent years.  Notwithstanding the sharp slowdown experienced in 2016 and 2017, the region’s economy is expected to rebound in 2017 onwards.  Commodity-based economies, like Nigeria, […]
November 15, 2017

A new Hilton in Cabo Verde

In October, Hilton announced the opening of its first property on Sal Island, Cape Verde.  Cape Verde is located just off the west coast of Africa, approximately 670 kilometres (or 420 miles by air) from Dakar, Senegal. Sal is the […]
November 15, 2017
October 2017. Development: 6 Floor Office Development for Access Bank, Oniru - Lagos

Development: 6 Floor Office Development, Aliba Abiodun Oniru Road, Oniru – Lagos

Name: 6 Floor Office Development; Location: Abila Abiodun Oniru Road, Oniru – Lagos Use: Office; Floors: 6; Main Contractor: Charvet Construction; Architects: ECAD Architects Structural Engineers: Morgan Omonitan & ABE Limited; Mechanical, Electrical and Plumbing Engineers: Consultants Collaborative; Quantity Surveyor: Tillyard […]
November 2, 2017

Would you like to join the ei Team?

Would you like to join the ei Team? Follow this link to find out about and apply for exciting job opportunities at ei. We’d love to hear from you!    
October 31, 2017
Development: Westfield Emporium (Mall), Ikate Roundabout, Lekki Epe Expressway - Lagos

Development: Westfield Emporium, Ikate Junction, Lekki Epe Expressway – Lagos

Name: Westfield Emporium/Mall; Location: Ikate Junction, Lekki Epe Expressway, Lagos. Beside Oando Filling Station; Floors: 3; Use: Mixed – Office and Retail; Number of Units: 30 Retail Units & 17 Offices; Total Size: 30,000sq. ft. or 2,787m2 ; Client/Developer: Oba Saheed Ademola […]
October 31, 2017
October 2017. Diamond Bank Office Development, Victoria Island Annex (Oniru), Lagos - Nigeria

Updated – Development: Diamond Bank Head Office, Victoria Island, Lagos

Name: Diamond Bank Head Office; Address: Prince Alaba Oniru, Victoria Island, Lagos; Architects: James Cubitt Architects; Main Contractor: Cappa & D’alberto; Structural Engineers: Sanni Ojo & Partners; Electrical Services Engineers: C.A. Consultants; HVAC & Piped Services Engineer: C.A. Consultants; Quantity Surveyor: Consol Associates; Mechanical […]