Jll Luanda (Angola) City Profile – March 2015.

Jll Luanda (Angola) City Profile – March 2015.

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Summary

Offices-660,000m2 total stock 1800 US$/m2/pa average prime rent Retail-120,000m2 shopping malls 1440 US$/m2/pa prime rent Hotels-1 international-grade hotel 550 US$ average room rates. There is a severe shortage in the supply of high-quality office space in Luanda.Even so, recent completions have eased some of the pressure and rents have fallen over the last year.The retail sector is relatively immature with a considerable undersupply of high-quality,modern retail space.Luanda is continuing to experience healthy demand from international corporations,particularly those in the oil and gas sector.

Source: JLL Nigeria

Published: 2015

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