Lagos Real Estate Investment Report Q3:2017

Lagos Real Estate Investment Report Q3:2017

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Summary

Investment-International investors are once again beginning to take a closer look at opportunities in the Nigerian markets as they search for higher yields in distressed opportunities Prime Land-Prime land prices have remained stable in Naira and Dollar terms with a low appreciation rate of just one per cent over the last year Commercial Office-The downward re-pricing of office space rents in a weak market has brought the price point of Class B space low enough to allow access to a new audience of professional service firms formerly using converted residential accommodation for offices

Source: MCORE

Published: 2017

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