MCO Lagos, Nigeria Real Estate Investment Report Q1: 2016

MCO Lagos, Nigeria Real Estate Investment Report  Q1: 2016

Share this report


Subscribe to our newsletter

Summary

Retail-Consumer demand and market awareness is leading to expansion of a variety 
of modern retail formats beyond the primary cities of Lagos and Abuja and into secondary
 cities Office-A weak economy coupled with a strong supply pipeline means lower rents 
and longer lead times to lease up buildings particularly for new Class A developments 
on the Lagos Island Hospitality-Existing brands are building their pipelines while new 
brands are entering the market. Market fundamentals remain attractive with the
 expectation of a pickup in the medium term following the current slow-down
Finance-Offshore funds continue to grow their portfolios and are the preferred choice
 along with joint venture arrangements for local developers seeking to build out their schemes.

Source: MCORE

Published: 2016

1