Development: The Wings, Victoria Island – Lagos – Real Estate Market Data and Research for Nigeria and other African Countries | estate intel

Development: The Wings, Victoria Island – Lagos

Updated: 06/07/2015

  • Name: The Wings Towers
  • Location: Victoria Island, Lagos – Ozumba Mbadiwe Road
  • Floors: 15
  • Use: Offices (with restaurants, event deck and jetty)
  • Developers: RMB Westport, Standard Bank and Àrgentil Asset Management
  • Cost: $104m
  • Size: 27,000m²
  • Contractors: Cappa & D’Alberto
  • Agents: Jones Lang LaSalle (JLL) and estatelinks

The Wings Office Towers is an A-Grade commercial development in Victoria Island – Lagos, comprising two towers and a total of 27,000m² lettable office space. It is located at the beginning of Ozumba Mbadiwe, beside Walter Carrington Crescent and will include 700 parking spaces, restaurants, a gym and boat jetty.

Oando Plc is the anchor tenant for the development and will occupy one of the towers (c.13,500m²). The other tower is already on the market for tenants and according to RMB Westport, interest is high.

Construction work by contractors Cappa & D’alberto appears to be going well with completion slated for Q2 2016. The Wings will be joining other high profile commercial real estate developments on Ozumba Mbadiwe including The Waves, which is currently on hold and the Civic Center Tower. It will also be in close proximity to the Civic Centre Hall, Oriental Hotel, Radisson Blu and Federal Palace.

RMB Westport, Standard Bank and Àrgentil Asset Management are the development team for this development. RMB Westport is no stranger to the real estate development space in Lagos and they have been development partners in many projects including Ikeja City Mall, Osapa Mall (Q4 2015), Royal Gardens Mall, Lekki and a host of other real estate projects in Sub-Saharan Africa.

The Wings Towers. Image source: RMB Westport

The Wings Towers. Image source: RMB Westport

The Wings Towers. Image source: RMB Westport




A Spur of Completions
Bloomsbury Waterfront, Walter Carrington Crescent – Victoria Island
Residential Tower on Eko Atlantic Already Sold Out
Hard Rock Cafe is coming to Lagos!
Development: Chelsea Group Hotel, Ikoyi (Updated)