A real estate performance review report for premium developments in Nigeria (Lagos, Abuja and Port-Harcourt) for 2015. Published by Fine and Country, Prepared by Victor Nkwocha
Our latest Q3 2014 report on the Lagos Real Estate Investment market is now available.We hope that you find the report insightful and ask that you kindly forward it to any of your colleagues who have an interest in the African real estate markets.
The Nigeria Real Estate Market Outlook report by Northcourt Real Estate. This report analyses the residential, retail, office and industrial markets from the investor's perspective. Economic indicators are also assessed.
Lagos (nigeria) real estate investment outlook q1 2018Munachi C Okoye
On the back of a stable, OPEC supported oil price well above its historical lows, Nigeria has emerged from recession into a period of weak economic growth. Following the oil price falls to US$30p/b in early 2016, Nigeria had taken tentative steps towards diversifying the economy away from oil towards agriculture. With a stable oil price and growing external reserves, the pain has eased and our attention turned away from the diversification story to the 2019 elections while we fund our expenditure with borrowing. With the increased borrowing, any sustained deterioration in the oil price will put us back in an even more precarious situation than we were before. Nigeria is living on borrowed time and borrowed money. We trust that you will find our latest report insightful and ask that you forward it to colleagues who have an interest in African real estate markets in general and Nigeria in particular.
Abstract: Nigeria is one of the economies with great demand for goods and services and has attracted some foreign direct investment over the years. The amount of foreign direct investment inflow in to Nigeria has reached US $ 2.23 billion in 2003 and it rose to US $ 5.31 billion in 2004 (a 138 % increase), this figure rose again to US $ 9.92 billion (an 87% increase) in 2005. The figure however declined slightly to US $ 9.44 in 2006 while it has been on astronomical fall since 2006 till date. (CBN, 2011). The question that comes to mind is, do these for actually contribute to economic growth in Nigeria? If foreign direct investment actually contribute to growth, then, the sustainability of foreign direct investment is a worthwhile activity and a way of achieving this sustainability is by identifying the factors contributing to its growth with a view to ensuring its enhancement. The nose driving this research is to determine the short run impact of FDI on economic growth, OLS with ward test analysis was employed to determine the short run analysis of impact of FDI on economic growth. The result shows that all the explanatory variables such as Gross Fixed capital formation (GFCF), Total labour force (TLBF), Foreign Direct Investment (FDI) Lending rate and Average Manufacturing Capacity Utilization (AMCU) grossly affect economic growth in Nigeria. The result also implies that there exist a singleton (short run) impact of FDI on economic growth, recommendation was made that government must put in place all the pull factors such as good road, stable power supply and most essentially security of life and property of foreign investors in order to reduce the level of unemployment which serves as impediment to sustainable development in the Nation Nigeria.
Our latest Q3 2014 report on the Lagos Real Estate Investment market is now available.We hope that you find the report insightful and ask that you kindly forward it to any of your colleagues who have an interest in the African real estate markets.
The Nigeria Real Estate Market Outlook report by Northcourt Real Estate. This report analyses the residential, retail, office and industrial markets from the investor's perspective. Economic indicators are also assessed.
Lagos (nigeria) real estate investment outlook q1 2018Munachi C Okoye
On the back of a stable, OPEC supported oil price well above its historical lows, Nigeria has emerged from recession into a period of weak economic growth. Following the oil price falls to US$30p/b in early 2016, Nigeria had taken tentative steps towards diversifying the economy away from oil towards agriculture. With a stable oil price and growing external reserves, the pain has eased and our attention turned away from the diversification story to the 2019 elections while we fund our expenditure with borrowing. With the increased borrowing, any sustained deterioration in the oil price will put us back in an even more precarious situation than we were before. Nigeria is living on borrowed time and borrowed money. We trust that you will find our latest report insightful and ask that you forward it to colleagues who have an interest in African real estate markets in general and Nigeria in particular.
Abstract: Nigeria is one of the economies with great demand for goods and services and has attracted some foreign direct investment over the years. The amount of foreign direct investment inflow in to Nigeria has reached US $ 2.23 billion in 2003 and it rose to US $ 5.31 billion in 2004 (a 138 % increase), this figure rose again to US $ 9.92 billion (an 87% increase) in 2005. The figure however declined slightly to US $ 9.44 in 2006 while it has been on astronomical fall since 2006 till date. (CBN, 2011). The question that comes to mind is, do these for actually contribute to economic growth in Nigeria? If foreign direct investment actually contribute to growth, then, the sustainability of foreign direct investment is a worthwhile activity and a way of achieving this sustainability is by identifying the factors contributing to its growth with a view to ensuring its enhancement. The nose driving this research is to determine the short run impact of FDI on economic growth, OLS with ward test analysis was employed to determine the short run analysis of impact of FDI on economic growth. The result shows that all the explanatory variables such as Gross Fixed capital formation (GFCF), Total labour force (TLBF), Foreign Direct Investment (FDI) Lending rate and Average Manufacturing Capacity Utilization (AMCU) grossly affect economic growth in Nigeria. The result also implies that there exist a singleton (short run) impact of FDI on economic growth, recommendation was made that government must put in place all the pull factors such as good road, stable power supply and most essentially security of life and property of foreign investors in order to reduce the level of unemployment which serves as impediment to sustainable development in the Nation Nigeria.
Created in March 2015, Nelion Partners is an Investment Platform, domiciled in Seychelles, providing more than 65 local and international investors with an exposure to various assets classes across Africa:
(i) Listed Equities on African major stock exchange
(ii) Real Estate properties with a focus on site-and-service developments
(iii) Private Equity investments in early stage and high growth business models (focus on Education, Financial Service, Agribusiness, Retail, Healthcare and FMCG)
Determinants of Foreign Direct Investment in Nigeriaijtsrd
Extant literature is replete with the benefit of attracting Foreign Direct Investment FDI into an economy, it not only provides developing countries with the much needed capital for investment it also enhances job creation, managerial skills as well as transfer of technology. However, attracting and sustaining FDI inflow in Nigeria have remained a teething problem. This study therefore examined the determinants of foreign direct investment in Nigeria. Specifically the study provides empirical evidence on the influence trade openness, market size, infrastructure, human capital, labour force, natural resources, exchange rate and inflation rate on Foreign Direct Investment FDI in Nigeria using an econometric regression technique of the Ordinary least square OLS . The findings of the study also show that trade openness, market size, infrastructure, exchange rate and inflation rate are statistically significant in explaining the foreign direct investment in Nigeria while human capital, labour force and natural resources are statistically insignificant in explaining the growth of foreign direct investment in Nigeria. The study recommends that The government should make polices that will create a business friendly environment to attract FDI inflows in economy. The government should provide the needed leadership and also ensure political stability in the country. This will attract investors to take the advantage of the market size of the country to FDI into the economy. The government should make policies that will favour trade openness. Trade openness is found to be factor that attracts investors invest in the country. This is lesser barriers to trade encourages investment and the government should provide the needed infrastructure. Necessary infrastructures that will reduce the cost of doing business should be the watch word of every government. Dibua, Emmanuel Chijioke | Edoko, Tonna David | Onwuteaka, Ifeoma Cecilia "Determinants of Foreign Direct Investment in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25293.pdfPaper URL: https://www.ijtsrd.com/management/public-sector-management/25293/determinants-of-foreign-direct-investment-in-nigeria/dibua-emmanuel-chijioke
The African continent represents the opportunities of tomorrow, and we at Roland Berger see strong business opportunities being created by Africa's improving economic strength. Mining this unprecedented potential requires sound knowledge and a thorough understanding of the market. That is the purpose of our study titled "Africa – The next growth opportunity". Its main goal is to highlight selected economies with environments conducive to robust economic growth, and at the same time help companies and investors benefit from and contribute to this growth by providing an in-depth analysis of high-potential industries within these economies.
Foreign Direct Investment and Development of Manufacturing Sector in Nigeria ...inventionjournals
This study is centered on foreign direct investment and development of manufacturing sector from 1990-2014. Political unrest, epileptic power supply, militancy of Niger Delta region, unstable exchange rate and insurgency of the North east of Nigeria was identified as the hindrances to manufacturing sector. The work is anchored on mercantilist trade theory of Jean baptiste Colbert and Thomas hobbes. Secondary data was sourced from Central bank of Nigeria Statistical bulletin, CBN occasional paper number 32 on the dynamics of inflation in Nigeria. Diagnostic survey research pattern was applied for this study. Data obtained were analyzed using an ordinary least square method by the use of time series and seasonal variations. The results shows that FDI is growth enhancing and it equips and stabilizes exchange rate and reduces dependency on imported finished products, enhances profitability thus leads to survival of manufacturing sector. Recommendations include; policy makers should realize the essence of stable exchange rate so as to drive maximum benefit from investment. Government expenditure should encourage and promote investment to boost the manufacturing industries
Microclimates of opportunity - Real estate & construction report 2014Misbah Hussain
This report draws on more than 700 interviews with business leaders in 45 economies to understand how the real estate & construction sector is recovering from the financial crisis, where the opportunities lie and what businesses are doing to keep their operations running
smoothly and free from fraud.
We are pleased to release the January 2019 Africa Market Update themed Mitigating rising pressures in sub-Saharan Africa economies. This report comes against the backdrop of a challenging year for economies in the region given a general rise in monetary and fiscal pressures in 2018. On the whole, we expect 2019 to present a litmus test for policy adjustments aimed at countervailing the growing headwinds faced by economies in sub-Saharan Africa notably from a monetary perspective. The report covers the economies of Nigeria, Zambia, Kenya, Tanzania, Uganda, Rwanda, Ethiopia and Ghana.
Sail Residences by SM Development Corporation.
Condominium project located in MOA Bay Area, Pasay, City
Investment for Foreigners and Filipinos.
Contact: Don Alrick for more information
+63 9190051189
donalricks@gmail.com
Performing Online Survey’s “An Added Advantage” Over Advertisementijtsrd
In this article we try to study about the importance of performing surveys and they have an added advantage over advertisement. In earlier years manual surveys were done often door to door but off late surveys are being done online all over the world. Most of the nations conduct online surveys and use this as a great strategy to create good products and provide good services to the people and avoid spending heavily on advertisements. Surveys offer many benefits and therefore have become famous for their convenience, comfort and accurate feedback from the consumers. This article is based on the recent trends observed in various sectors where surveys are done and advertisements are offered to the consumer. After doing the marketing research by the companies and the changes in consumer behaviour observed the following conclusion is drawn. Dr. Mamta Bansal | Mr. Mandeep Narang "Performing Online Survey’s “An Added Advantage” Over Advertisement" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-2 , February 2021, URL: https://www.ijtsrd.com/papers/ijtsrd38607.pdf Paper Url: https://www.ijtsrd.com/management/marketing/38607/performing-online-survey’s-“an-added-advantage”-over-advertisement/dr-mamta-bansal
MAGNiTT 2021 MENA Venture Investment Report SampleKatia Kachan
Following the mission to foster tech innovation in MENA, MAGNiTT, the largest venture data platform tracking startup investments, releases a series of reports that provide a holistic overview of the region’s venture capital ecosystem.
The 2021 MENA Venture Investment Report is the first in the series, a comprehensive deep dive into venture investments across the MENA region. This annual report includes a 5-year trend analysis of venture evolution including a comparison of investments in technology startups headquartered in MENA. We also benchmark the performance of the top-5 countries in the region by the number of registered deals in 2020: the UAE, Saudi Arabia, Egypt, Jordan and Oman.
What’s Inside: This 65+ page report supports governments, investors, entrepreneurs, and ecosystem stakeholders with the data and insight necessary to drive informed decisions. It is useful for stakeholders looking to track the changes in investor sentiment across MENA and to benchmark the performance of technology innovation hubs across the region. We identify trends in capital allocation across various industries, startup maturity stages, business types, and acceleration programs. This report also deep dives into the top investment rounds across these countries, and provides an overview of all startup acquisitions that happened in 2020.
Created in March 2015, Nelion Partners is an Investment Platform, domiciled in Seychelles, providing more than 65 local and international investors with an exposure to various assets classes across Africa:
(i) Listed Equities on African major stock exchange
(ii) Real Estate properties with a focus on site-and-service developments
(iii) Private Equity investments in early stage and high growth business models (focus on Education, Financial Service, Agribusiness, Retail, Healthcare and FMCG)
Determinants of Foreign Direct Investment in Nigeriaijtsrd
Extant literature is replete with the benefit of attracting Foreign Direct Investment FDI into an economy, it not only provides developing countries with the much needed capital for investment it also enhances job creation, managerial skills as well as transfer of technology. However, attracting and sustaining FDI inflow in Nigeria have remained a teething problem. This study therefore examined the determinants of foreign direct investment in Nigeria. Specifically the study provides empirical evidence on the influence trade openness, market size, infrastructure, human capital, labour force, natural resources, exchange rate and inflation rate on Foreign Direct Investment FDI in Nigeria using an econometric regression technique of the Ordinary least square OLS . The findings of the study also show that trade openness, market size, infrastructure, exchange rate and inflation rate are statistically significant in explaining the foreign direct investment in Nigeria while human capital, labour force and natural resources are statistically insignificant in explaining the growth of foreign direct investment in Nigeria. The study recommends that The government should make polices that will create a business friendly environment to attract FDI inflows in economy. The government should provide the needed leadership and also ensure political stability in the country. This will attract investors to take the advantage of the market size of the country to FDI into the economy. The government should make policies that will favour trade openness. Trade openness is found to be factor that attracts investors invest in the country. This is lesser barriers to trade encourages investment and the government should provide the needed infrastructure. Necessary infrastructures that will reduce the cost of doing business should be the watch word of every government. Dibua, Emmanuel Chijioke | Edoko, Tonna David | Onwuteaka, Ifeoma Cecilia "Determinants of Foreign Direct Investment in Nigeria" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-5 , August 2019, URL: https://www.ijtsrd.com/papers/ijtsrd25293.pdfPaper URL: https://www.ijtsrd.com/management/public-sector-management/25293/determinants-of-foreign-direct-investment-in-nigeria/dibua-emmanuel-chijioke
The African continent represents the opportunities of tomorrow, and we at Roland Berger see strong business opportunities being created by Africa's improving economic strength. Mining this unprecedented potential requires sound knowledge and a thorough understanding of the market. That is the purpose of our study titled "Africa – The next growth opportunity". Its main goal is to highlight selected economies with environments conducive to robust economic growth, and at the same time help companies and investors benefit from and contribute to this growth by providing an in-depth analysis of high-potential industries within these economies.
Foreign Direct Investment and Development of Manufacturing Sector in Nigeria ...inventionjournals
This study is centered on foreign direct investment and development of manufacturing sector from 1990-2014. Political unrest, epileptic power supply, militancy of Niger Delta region, unstable exchange rate and insurgency of the North east of Nigeria was identified as the hindrances to manufacturing sector. The work is anchored on mercantilist trade theory of Jean baptiste Colbert and Thomas hobbes. Secondary data was sourced from Central bank of Nigeria Statistical bulletin, CBN occasional paper number 32 on the dynamics of inflation in Nigeria. Diagnostic survey research pattern was applied for this study. Data obtained were analyzed using an ordinary least square method by the use of time series and seasonal variations. The results shows that FDI is growth enhancing and it equips and stabilizes exchange rate and reduces dependency on imported finished products, enhances profitability thus leads to survival of manufacturing sector. Recommendations include; policy makers should realize the essence of stable exchange rate so as to drive maximum benefit from investment. Government expenditure should encourage and promote investment to boost the manufacturing industries
Microclimates of opportunity - Real estate & construction report 2014Misbah Hussain
This report draws on more than 700 interviews with business leaders in 45 economies to understand how the real estate & construction sector is recovering from the financial crisis, where the opportunities lie and what businesses are doing to keep their operations running
smoothly and free from fraud.
We are pleased to release the January 2019 Africa Market Update themed Mitigating rising pressures in sub-Saharan Africa economies. This report comes against the backdrop of a challenging year for economies in the region given a general rise in monetary and fiscal pressures in 2018. On the whole, we expect 2019 to present a litmus test for policy adjustments aimed at countervailing the growing headwinds faced by economies in sub-Saharan Africa notably from a monetary perspective. The report covers the economies of Nigeria, Zambia, Kenya, Tanzania, Uganda, Rwanda, Ethiopia and Ghana.
Sail Residences by SM Development Corporation.
Condominium project located in MOA Bay Area, Pasay, City
Investment for Foreigners and Filipinos.
Contact: Don Alrick for more information
+63 9190051189
donalricks@gmail.com
Performing Online Survey’s “An Added Advantage” Over Advertisementijtsrd
In this article we try to study about the importance of performing surveys and they have an added advantage over advertisement. In earlier years manual surveys were done often door to door but off late surveys are being done online all over the world. Most of the nations conduct online surveys and use this as a great strategy to create good products and provide good services to the people and avoid spending heavily on advertisements. Surveys offer many benefits and therefore have become famous for their convenience, comfort and accurate feedback from the consumers. This article is based on the recent trends observed in various sectors where surveys are done and advertisements are offered to the consumer. After doing the marketing research by the companies and the changes in consumer behaviour observed the following conclusion is drawn. Dr. Mamta Bansal | Mr. Mandeep Narang "Performing Online Survey’s “An Added Advantage” Over Advertisement" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-2 , February 2021, URL: https://www.ijtsrd.com/papers/ijtsrd38607.pdf Paper Url: https://www.ijtsrd.com/management/marketing/38607/performing-online-survey’s-“an-added-advantage”-over-advertisement/dr-mamta-bansal
MAGNiTT 2021 MENA Venture Investment Report SampleKatia Kachan
Following the mission to foster tech innovation in MENA, MAGNiTT, the largest venture data platform tracking startup investments, releases a series of reports that provide a holistic overview of the region’s venture capital ecosystem.
The 2021 MENA Venture Investment Report is the first in the series, a comprehensive deep dive into venture investments across the MENA region. This annual report includes a 5-year trend analysis of venture evolution including a comparison of investments in technology startups headquartered in MENA. We also benchmark the performance of the top-5 countries in the region by the number of registered deals in 2020: the UAE, Saudi Arabia, Egypt, Jordan and Oman.
What’s Inside: This 65+ page report supports governments, investors, entrepreneurs, and ecosystem stakeholders with the data and insight necessary to drive informed decisions. It is useful for stakeholders looking to track the changes in investor sentiment across MENA and to benchmark the performance of technology innovation hubs across the region. We identify trends in capital allocation across various industries, startup maturity stages, business types, and acceleration programs. This report also deep dives into the top investment rounds across these countries, and provides an overview of all startup acquisitions that happened in 2020.
Atlantic Resort Victoria Island, Lagos, Nigeria.Abiodun Fawole
Away from the maddening crowd and yet within the excitement of the business center of Lagos, Victoria Island. The project is located on Water Corporation Drive, off Ligali Ayorinde street, Victoria Island Annex. Atlantic Resort, birthed differently to be the most iconic destination for work, live and play in Africa - a symbol of excellence. Atlantic Resort Victoria Island, Lagos - Nigeria.
Atlantic Resort is not just another high rise project, It's the beauty and the brilliance, the style and the substance.
KMC MAG Group is pleased to present to you the Metro Manila Property Outlook for 2015, which offers the latest data, research, and forecast on the Philippines' top central business districts (CBDs) and emerging CBDs in Metro Manila. Some of the report's highlights:
With a GDP growth of 6.1% and strong macroeconomic fundamentals, the Philippines remains as one of the bright spots in both the global and regional scale.
Driven by strong economic performance, the real estate market is expected to remain buoyant across all sectors this year. Real estate activity remains to be in full swing, with developers allocating massive capex programs amounting to over PHP 300-billion into building townships across the city.
The office sector is still the most wanted asset class, with its robust rental growth due to high take-up from the business process outsourcing industry.
The retail sector also continues to be the top gainer among all sectors, further boosted by the declining oil prices that has increased savings for the economy.
Meanwhile, in the residential market, rates continue to grow although at a more modest rate as well as in hotels and leisure, whose long-term growth is being stifled by lack of sound infrastructure.
In spite of these opportunities, the Philippines' strict foreign ownership policies and lack of solid infrastructure remain as roadblocks towards sustainable and long-term growth for PH economy.
How much are real estate costs in the Philippines? KMC MAG Group's Midyear Report offers data and forecast on the Philippines' real estate sector and economy. KMC MAG noted that the combination of a stable economic environment and an administration committed to cleaning up the system have made the Philippines more attractive to potential investors. The report also highlighted that foreign direct investment (FDI) in the country has increased to USD 1.9 billion, with real estate accounting for around USD 57 million.
I have been involved in the East African Investment Banking Industry and Capital Markets since 2009.
Firm believer in the growth profile of the last frontier markets in Sub-Saharan Africa, I have founded Nelion Partners Ltd, a Seychelles incorporated investment holding company providing its investors with a unique blended exposure to high potential African Assets.
This is a market research study on the luxury residential property market in Lagos. It presents a general overview of the market, pricing and a survey on consumer preferences in luxury. This study serves as a guide to investors and developers in the prime residential markets in helping them to understand the changing needs of their target market and explore other means of creating a vibrant luxury property market.
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
MC Heights-Best Construction Company in jhanglaraibfatim009
MC Heights stands as the epitome of excellence in construction within Jhang. With a commitment to unparalleled quality and innovative design, MC Heights redefines urban living in the heart of Jhang. Offering luxurious residential spaces, cutting-edge commercial complexes, and vibrant community areas, MC Heights caters to the diverse needs of modern lifestyles. Our dedication to superior craftsmanship and customer satisfaction ensures that every aspect of MC Heights exceeds expectations, making it the premier choice for those seeking unparalleled sophistication and comfort in Jhang.
Scanning tenants in NYC requires a thorough and compliant approach to ensure you find reliable renters. For a positive rental experience, consider hiring a property management service. Belgium Management LLC specializes in NYC rental property management and tenant relationship management. We prioritize tenant satisfaction, making us a trusted name in New York property management. Our dedicated team ensures tenants feel valued and supported throughout their lease.
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
Keep Your Home Naturally Cool and Warm Out Change in Seasons
Vinra Construction is a private limited company registered under the ROC. The management has an experience of over 15 years of understanding the needs and delivering apt solutions to the end users We are providing turnkey solutions in construction fields. like Construction, Interior Designing Facility Management, Plantation Management, etc..
Vinra Construction Tech Enabled Company for Eco-Friendly Home Construction
Contact With Vinra for a Greener Future >>> Call us @ 888 4898 765
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Oeiras Tech City, Developed by RE Capital and REIG, Will Become Lisbon's Futu...Newman George Leech
Oeiras Tech City, a historic development in the Oeiras municipality of Lisbon, is acquired by RE Capital and REIG. It is located on a 93,000-square-meter plot of land and combines co-living, business, and residential areas. It highlights ESG principles and is close to Tagus Park, which improves the urban landscape of Lisbon.
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus o...Joseph Lewis Aguirre
Presentation to Windust Meadows HOA Board of Directors June 4, 2024: Focus on Public Safety as Job #1, Engagement, Wealth of HOA, Branding, Communication, Culture, Civic Responsibility
Avrupa Konutlari Yenimahalle - Listing TurkeyListing Turkey
Welcome to Avrupa Konutları Yenimahalle, where luxury living meets unparalleled convenience in the heart of Istanbul. Developed by Artaş Holding, one of Turkey’s leading construction companies, this prestigious residential project offers a contemporary lifestyle experience like no other.
https://listingturkey.com/property/avrupa-konutlari-yenimahalle/
Rixos Tersane Istanbul Residences Brochure_May2024_ENG.pdfListing Turkey
Tersane Suites Residences is a luxurious real estate project located in the heart of Istanbul, next to the beautiful Golden Horn. This unique development offers hotel concept residences with Rixos management, making it the perfect choice for both homeowners and investors.
The Tersane Suites Residences offers a wide range of options, from studio apartments to spacious four-bedroom units, all designed to the highest standard. The suites are finished with high-quality materials and feature modern, open-plan living spaces, fully-equipped kitchens, and large balconies with stunning views of the city and sea.
One of the standout features of Tersane Suites Residences is the Rixos management, which provides a truly exclusive and upscale living experience. Residents will have access to a range of luxury amenities, including a fitness center, spa, and indoor and outdoor swimming pools. Plus, the on-site restaurants and cafes provide a taste of the local and international cuisine.
The Tersane Suites Residences also offers a great opportunity for investors, as it provides a rental guarantee program. This means that investors can enjoy a steady income stream, with the peace of mind that their property is being managed by a reputable and experienced team.
The location of Tersane Suites Residences is also unbeatable, with easy access to the city’s main transportation links and within close proximity to the historic center, making it the perfect base for exploring all that Istanbul has to offer.
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
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3. PERSPECTIVE
Recently, the Minister for Housing, Infrastructure and Works, Mr
Fashola, lamented about the infrastructure deficit in Africa, stating:
“This is the time toshowthat ournation and ournational economy
is bigger than the challenges posed by dwindling oil prices. This is
the time to diversify and change the face of our economy. But the
risks that stand in the way of investing the fund are caused by us
and they must be changed by us. He alsosaid, it was time toinvest
in the real sector, adding that the biggest opportunity presented
itself for the nation to act towards diversification rather than
sloganeering it. We agree and in relation to our sphere of
influence, we believe that the time has come forprofessionals with
expertise in the real estate industry to contribute our quota to
developing real estate insight especially on premium real estate,
infrastructure and urban development as we join cities like London,
NewYork, Dubai, Singapore in competing for what many consider
to be shrinking global resources and investments. The Premium
Real Estate Report from Fine and Country West Africa is a step
towards the vision of a better developed real estate sector and a
greaterNigeria.
In 2015, irrespective of the myriads of economic and political
instabilityin Nigerian, the Nigerian real estate market experienced
a steadyinterest andsomeforeigndirect investment (FDI), growing
urbanisation, and a sustained demand for appropriately priced
Grade A office spaces and premium residences. The year also
witnessed the release of the most grade Aoffice spaces in Nigeria
in any year, with the Quantum Luxury owned Civic Centre Tower
aptly tagged The Intelligent Building successfully completed and
leased fully toAgrade corporates; the Iconic Nestoil TowerVictoria
Island, West Africa's first LEEDcertified mixed used development
offering exceptional offices and corporate residences, NIPOST
offices in Victoria Island, Kanti Offices, Heritage Place, Ikoyi,
Temple Tower, Ikoyi, Lakepoint in Banana Island, the World Trade
Centre offices in Abuja amongst others with some nearing
completion in 2016 within the prime location of vibrant Victoria
Island, Ikoyi and environs. Lagos has clearly joined global cities with
a strong supplyof GradeAofficespaces.
The trend towards new urbanism continued as public and private
sector developers kept the pace of building satellite cities and new
lifestyle residential communities on the outskirts of some of
Nigeria's largest cities and on the other side of the equation, with
new mixed developments ranging from mid to premium in
destination locations such as the Eko Atlantic, Orange Island,
Chevron's Pension Fund Twin Lakes Residential Estate, The
Centenary City Abuja, Sunrise Hills, AsokoroGardens, World Trade
Center in Abuja, Lakowe Golf Estate, Enugu Golf Estate, and the
strong release of retail developments inthose aspirational locations
including the Circle Mall Lekki, Festival Mall amongst others,
demonstrating a new trend in Nigeria's emerging and premium
real estatedevelopment.
This report shows the reviewof howthe premium real estate space
performedin 2015 with an overviewof activities, andthe impact of
the economy and politics on real estate investors. The report is a
preliminary report to a Quarter 1 report for 2016, which will
expoundmore on the drivers forchange in the premium real estate
space; shed more light on the opportunities that abound for
investors, look at the critical factors that will transform the Nigerian
Real Estatespaceandfinallydeep diveintowhatleading experts in
the industry feel will be the winning strategies for 2016 along with
the factors that should shape the sector and sustain the
momentuminpremiumreal estatedevelopments.
Here's toa successful yearforyou, yourorganizationandNigeria.
ResearchTeam,
FineandCountryWestAfrica.
Premium Property Outlook | Q1, 2016
We believe that the time has come for
professionals with expertise in the
real estate industry to contribute our
quota to developing real estate insight
especially on premium real estate,
infrastructure and urban development
“
2
4. Steep
Decline
Premium Property Outlook | Q1, 2016
2015 was truly an overwhelming year for the Nigerian
economy. Thesteep declineinNigeria's economicgrowthrate,
the early season of political and economic uncertainties, the
commodity price weakness abroad, the declining value of the
Naira, the change in government, changing investment laws
and a numberof challenges as a result of fluctuating oil prices
were some trends that shaped the economy; making it record
overall slow economic progress. Also contributing to the
epileptic growth across board was the mono-directional focus
of government to fight against corruption and fiscal austerity,
with little emphasis on policies geared towards stimulating
economicgrowth.
As Crude oil price moved from the lofty height of US$109 per
barrel in mid 2014 to a low of US$44 per barrel in January
2015, as expected, hydrocarbon dominated economies were
put under pressure including Nigeria. Though government
respondedbyreducing theforecast priceforoil in2015 ontwo
different occasions; (from US$78/barrel, and then
US$65/barrel), until government eventually conceded torun a
deficitbudget.
Our foreign reserves also officially closed at $29.8 billion
representing a 15.4% year on year drop, GDP forecast was
lowered to 5.5% by government from 6.2% of previous year;
Federal Government Bonds was delisted from the JP Morgan
Emerging Market Bond index and reflected the increasing
apprehension amongst international investors towards the
economy and the CBN restriction of access toFOREX at the
cheaper interbank rate for the importation of 41 items
increased apprehension amongst international investors
towards theeconomy.
MACROECONOMIC OVERVIEW
“Also, foreign and local investors saw the growth
potential of Nigeria’s real sector, spurred by
rising consumer spending of the burgeoning
middle class, economic growth and investments
in infrastructure. These trends opend up not only
the property market but also other inaccessible
markets”
In 2015, despite the downturn in the economy, caused by the
dwindling revenue from oil, crash of the naira and
apprehension over government policies, The Refined Investors
Series experts called on would-be investors in the real estate
sector to take advantage of the creative opportunities in the
sector with the understanding that it is still a growing sector
Sources: Standard Bank Group; World Bank
3
5. Similar to other sectors, the overall performance of Nigerian
real estate in 2015 was underpinned by the aforementioned
economic fundamentals. Although in the last few years,
Nigeria's real estate market did expand rapidly with a steady
increase on the foreign direct investment (FDI), fast
urbanization, a strong demand for Grade Aoffice spaces and
premium residences, yet the Nigerian property sectoris widely
regarded as “high-risk”, “high-return” marketplace because of
a number of pressing challenges from the opaque and
complex regulatory environment to the exorbitant and
bureaucratic costs associated with building, transferring and
registering across thefederation.
While the real estate sector was said to be growing from the
report by Nigerian Bureau of Statistics (NBS) in 2015, most
Nigerians still live in informal structures. 70-80% Nigerians live
in unplanned settlements and a large chunk live in slums
according toa UN report. In our view, the stock of formal and
premium property is small; with residential, office, retail and
hospitalityspace locatedalmost exclusivelytothe urban areas
-Lagos, Abuja PH.
Premium Property Outlook | Q1, 2016
For example, Lagos, one of Africa's largest cities with a
population of over 17 million, is the main commercial hub of
Africa's largest economy and the most favoured location for
international corporations. The city comprises four main
islands with seven prime residential, commercial and retail
nodes: the Lagos CBD, Victoria Island (VI), Ikoyi, Lekki, the
Lekki Free Zone, Apapa and Ikeja. Rental values for
commercial and residential space showwide variances across
neighborhoods. The region continues to attract institutional
investors, and the key challenge for them remains identifying
suitable high quality premium stock in the relevant real estate
category.
NBS report revealed that the real growth recorded in the Real
Estate sector in the Q3, 2015 stood at 2.06%, lower from
growth recorded in the Q3, 2014, and also lower than growth
reported for the Q2, 2015 by 3.85 % points and 0.92% points
respectively. Quarter-on-quarter the sector picked up by
5.56% in the Third quarter of 2015. The sector contributed
7.57% in real terms to the total GDP in the Third Quarter of
2015.
“ ”High Risk, High Return
Too much Bureaucratic costs
Unstable Policy
70-80% Live in unplanned
settlements
Lagos,Abuja, Port-Harcourt:
Choice location for investors
Lagos alone accounts for
Grade AB
2
426000m
office stock
Average asking rent in prime area
were at / annum
2
$785/m
Projected to grow by 10%
Valued at N6.5Trillion
Contributed 7.5%
to GDP at Q3
2015 Premium
Developments
- Civic Towers
- Nestoil Towers
- Rose of Sharon Towers
- Kanty Towers
- Landmark Towers
- Nipost Towers
Over office space were added to Ikoyi V.I Markets in 201560,000sqm
Our insight team
gathered that 2015
luxury developments
surpassed the previous
years' developments by
a 12% margin. For
example in Victoria
Island, NestOil Towers
residences achieved
highest percentage of
91%, with Centre
Heights scoring 79% to
emerge the nearest in
matrix comparison.
This shows that Nestoil
Tower has a difference
of 12% over the
average premium
rental per square
metre in Victoria Island
which is $290/m2/P.A
MACROECONOMIC OVERVIEW
4
6. Premium Property Outlook | Q1, 2016
Sources: Federal Ministry of Land, Housing Urban Development 2015 Housing Finance Africa Publication, World Bank
Comparative Real Estate Indices
Ikoyi-Lekki Bridge, Lagos
Osborne Towers, Ikoyi Lagos - Call 08096000042
5
7. 23.30%
15.40%
19.10%
22.70%
19.60%
0.00%
5.00%
10.00%
15.00%
20.00%
25.00%
1
Real Estate Alternative Investment Equity
Cash Cash Equivalent Fixed Income Asset Allocation (%)
Source: MCO Real Estate Report
Premium Property Outlook | Q1, 2016
PREMIUM RESIDENTIAL REAL ESTATE
Arecent report by worldwealthreport.com shows that Africa's
high net worth individuals (HNWIs) invested most heavily in
real estate (23.3%) more than other asset allocations. Cash
being the next at 22.7%, while the balance of other portfolios
was allocated tofixed income (19.6%), equities (19.1%), and
alternativeinvestments (15.4%).
In 2015, a report published by the Nigerian Bureau of
Statistics NBS also showed that following the rebasing of the
Nigerianeconomy, thereal estatesector's contributiontoGDP
became larger (by 30-40%) than was previously estimated.
The sector became the 6th largest sector in the economy and
was growing faster than average GDP growth. The nominal
contribution for the first Quarter stood at 7.79 percent,
marginally higher relative to the 7.36 percent reported for
corresponding quarterof 2014
In 2015, PwC forecasted that the Nigerian real estate
sector is expected to be valued at $13.65 billion in 2016,
compared to the value of $9.16billion in 2014.
Fine and Country's insight also revealed that the high-end
luxury residential developments for 2015 were clustered in a
handful neighborhood; with Banana Island, Ikoyi, Victoria
Island, Eko Atlantic and Lekki Phase1 being the choice
location for developers and investors in Lagos; Maitama,
AsokoroandJabi fordevelopers inAbuja andGRAPhase2
fordevelopers inPortHarcourt.
These areas command housing prices that
rank among the highest in Africa and
somewhat higher than in many western
markets. On the average, in Lagos the
annual cost of renting a 3-bedroom luxury
apartment in 2015 was $60,000 -
$70,000, while average sales prices starts
at $600,000 - $1.5M depending on the
finishing and location; while in Abuja the
rates for rents in choicest locations range
from N4million-N25million and from
N70million-N1Billion for sales in choice
Locations according to Fine and Country
Insight.
Due to the high costs of owning, leasing and managing a
building – not to mention the inclination of Nigeria's legal
system tofavourtenants overlandlords – most leases require
twoyear's worthof renttobepaidup-front.
Source: Capgemini and RBCWealth Managment Global HNW Insight Survey 2015.
6
9. GRADE ‘A’ COMMERCIAL DEVELOPMENTS
There has never been a time when the Nigerian property
space witnessed a colossal wave of premium office
developments and investments as we now witness in major
cities. Lagos, like New York, London, Paris, Johannesburg,
Singapore and Hong Kong, has joined global cities with strong
demand for Grade A office space amid vibrant corporate
activity and expansion of middle-class households. The
International standards being achieved in current
developments arguably match these global cities. It is
interesting to note that in 2015 alone, Civic Centre Towers,
Nipost Tower, Temple Tower, NestOil Tower, Kanti Towers,
Lakepoint Towers and the World Trade Centre collectively
addedabout 80,000 squaremetres (sqm)of officespaceinto
theIkoyi andVictoria IslandandAbuja markets.
A recent in-house study developed by Fine and Country
research team in 2015 revealed the assessment matrix for
attaining a GradeAofficestatus.
A S S E S S M E N T M AT R I X F O R G R A D E A
COMMERCIAL/OFFICE DEVELOPMENT
Premium Property Outlook | Q1, 2016
In 2015, the occupants for major premium residential and
prime commercial spaces were dynamic businesses,
multinational industries and financial institutions that require
top brand positioning and desire tobe at the very heart of the
target market are the major occupants/lessees of the
Premiumcommercial developments.
More Grade A stocks like the Heritage Place, a 14-floor,
N19bn project; Africa Towers in Abuja and The Wings Office
Towers, comprising two towers and approximately
25,500sqm, Bloombury Waterfront Towers are expected to
becompletedin2016.
While in 2017, the Kingsway Tower, a high-rise building
comprising offices, ground floor retail, restaurants and
basementparking is billedforcompletion.
Civic Centre, Victoria ISland Lagos - Fully Leased
8
10. Premium Property Outlook | Q1, 2016
GRADE ‘A’ COMMERCIAL DEVELOPMENTS
Comparative assessment of 6 sample commercial developments
Work, Live Play - Call: 08096000042 for Inquires
9
11. In2015 theasking rental prices of most
premium commercial leases were not
met; soinvestors and developers had to
strategically reduce the prices in order
toachieverent.
Factors influencing downward
pricing $700-$900/m2/P.A
Factors influencing upward pricing
$900 - $1000/m2/P.A
HighVolume Lease Tenant risk
Tenant Compatibility Build quality and project contractor
Tenant to lease both commercial
and residential spaces
Long Lease Tenor
Anchor Tenants
5 KEY FACTORSS COMMERCIALTENANTS LOOK OUT FOR IN
“GRADE A” BUILDINGS
Location How accessible is it key clients, key employees, the Proximity to
compe on and the Traffic count: cars or pedestrians
Build Quality The quality and green-savvy standards put into the design
construction and the age factor (i.e less than 10yrs.)
Security Parking How secured is it for high net worth individuals/clients and the
generous parking space available (including off-street parking)
Transportation Transportation accessibility and Proximity to Land,Water and Air
also Supplier proximity factor
Views Visibility access, the natural views (eg.The Atlantic ocean, and the
Ariel view of the environment)
Premium Property Outlook | Q1, 2016
FACTORS THAT INFLUENCED PRIME OFFICE
LEASING PRICES IN 2015
In 2015, Lagos shouldered up to 65% of the
country’s business activities, contributing up to15%
to national GDP. The commercial property market
in Abuja was driven bygovernmental activities while
Port Harcourt’s CRE was driven by it’s rice crude oil
base
At the moment over 15 Grade Aoffice complexes
are underconstruction in prime locations across the
country and are expected to be delivered in the
next2years
“Intelligent Real Estate practice is not complete
without a robust Data and information management
system for planning, implementation, monitoring and
evaluation of programs and projects.”
10
GRADE A OFFICES, LUXURY APARTMENTS, RETAIL HOSPITALITY
WORLD TRADE CENTER ABUJA Call: 08096000042 for Inquiries
Average
12. Policy Regulation
Ÿ The Land Use Act (1978) continues to dictate and hinder
the land market in Nigeria. Todate the objectives of the Act
have not been achieved and further tothis, the lawhas led
to further distortion and abuse of citizens' rights to access
andownland.
Ÿ The long period it takes toobtain development permit and
toaccess funds forbuildings
Others are:
Ÿ Lack of easyaccess tolandandhighcostof landforbuilding
Ÿ Lack of effective inter-governmental collaboration (e.g.
Federal, State and local government) for investors building
projects
Ÿ Prevalence of slums in all urban centres that require
upgrading
Challenges Premium Real Estate Developers and Investors faced in 2015
Premium Real Estate Investors also faced some challenges
in 2015; some of the issues were…
Access to finance
Ÿ Mortgage finance in Nigeria is still in its infancy and
inadequate credit facilities for investors and where
available, there is a very high interest rate.
Ÿ Imperfect mortgage system due to absence of a strong
secondary mortgage market, lack of uniform mortgage
underwriting standards and dearth/paucity of
conforming Mortgage Assets
Ÿ Absence of the mechanism for effecting mobilization
and channeling construction finance
Premium Property Outlook | Q1, 2016
“The establishment and development of title and mortgage
insurance systems and institutions will ease the burden of
building premium residences by an individual alone.”
GENERAL HOUSING MARKET TRENDS 2015
In 2015, Real Estate market in Nigeria was valued at
approximately N6.5 trillion and estimated to grow at an
average of 10% over the next few years
Ÿ The sector contributed 7.57% to the GDP in the third
quarterof 2015
Ÿ The country requires 17 to 20 million housing units to
address housing deficit
Ÿ 80 percent of the adult population in Nigeria are living in
rented apartments, compared to 20 and 25 percent in
Ghana andSouthAfrica.
Ÿ Nigeria has a low home ownership rate of 25 percent,
lower than that of Indonesia (84 percent), Kenya (73
percent), andSouthAfrica (56 percent).
Ÿ The major issues that continue toaffect housing in Nigeria
include inadequate access to finance, slow administrative
procedures, high cost of construction and the high cost of
landregistration.
Challanges Premium Real Estates Developers and Investors faced in 2015
Reasons for growth trend in Luxury/Premium Developments in 2015
The Miatama Heights, Maitama Abuja - Call
08096000042 for inquires
11
13. 2016 AND BEYOUND
Premium Property Outlook | Q1, 2016
Ÿ The major growth drivers in the sector will continue to be
accredited to: an increased inflow of foreign investment;
increased institutional investment from local companies
including PFAs and Mutual Funds; access to funding and
credit; the growing population of High Net worth Individuals;
and the targeted intervention of the Federal Government in
thehousing financesector.
Ÿ Nigeria needs toprovide the legal and regulatory framework
that will attract private sector investors todevelop affordable
housing products particularlyfortheNo-income, Low-income
andMiddle-incomegroups.
Ÿ Development of an effective land administration system to
make land ownership available, secure, accessible and easily
transferrableataffordablerates is non-negotiable.
Ÿ It is high time we as a country established and enforced
building standards based on the National Building Code to
ensurequality, functionality, aesthetics andsafety.
Ÿ The time is ripe to develop and build adequate capacity,
including the provision of infrastructure to support the
housing sector, ona sustainablebasis.
Ÿ An administrative, legal and regulatory framework for a
more efficient and effective premium housing delivery
systemwill springboardthesector.
Ÿ Promotion of the use of alternative building materials,
green certifications and new technologies in premium
housing delivery will boost the access to premium home
ownership.
“Apart from the current economic conditions, the devaluation of the
Naira and the continuous fall in International crude oil prices, etc were
factors that also affected the Nigerian premium property market”
space in 2015”
The Orange Island Development, Lekki, Lagos
Call 08096000042 for inquires
12
14. Name of Property NESTOIL TOWERS
Location Akin Adesola Street, Victoria Island
Number of floor 15 Floors Mixed-use high-rise
Total Leasable Space
Offering
2
9,904m
Facilities 9,904m2 of Lettable Office Space,
23 units of 1 and 2 bedroom
apartments, 3,900 square meters
of land, Multi-level parking, 4
commercial passenger lifts (13
persons/1000kg), 2 residential
passenger lifts (13
persons/1000kg), centralized air-
conditioning system, gymnasium,
rooftop lounge/bar, café, reception
and concierge services.
Rental $1,000/m2/P.A (Asking).
Year Constructed 2015
Contractor Julius Berger Plc
Name of Property CIVIC TOWERS
Location Ozumba Mbadiwe, VI Lagos
Number of floor 15 floors
Total Leasable Space Offering 2
1,368m
Facilities 8 Restrooms/floor, 4 Passenger Lifts,
Sewage treatment plant, Water treatment
plant, 2 No. Power generating sets
(500KVA each). Surface and suspended
parking on 3 levels for 180 cars, at 15
cars/Floor. Raised floor and suspended
ceiling.
Communication tower, plug n play internet
facility, Digital PABX. Motion sensor lights.
Automated Access Control.
CCTV System.
Rental $900-$1000/m2/P.A (Asking). $700-
$800/m2/P.A (Achieved).
Year Constructed 2015
Contractor Cappa D’alberto
Premium Property Outlook | Q1, 2016
2015 NOTABLE DEVELOPMENTS
13
15. Premium Property Outlook | Q1, 2016
Name of Property NIPOST TOWERS
Location Adeola Odeku Street, Victoria Island.
Number of floor 14 floors
Total Leasable Space 2
13, 860m
Facilities 8 Restrooms/Floor, 4 Lifts, Sewage
treatment plant, Water treatment plant,
4 Power generating sets of 810KVA
each. Parking for 99 cars. Plug n play
internet facility, Digital PABX. Motion
sensor lights. Automated Access Control.
CCTV System. Fire fighting pumps with
water sprinklers.
Rental
2
$800/m /P.A (Asking).
Property Currently Not Leased due to
Price quoted by Landlord. Market
2
Demand insist on $600/m
Year Constructed 2015
Contractor YF Construction
Name of Property KANTI TOWERS
Location Adetokunbo Ademola Street, Victoria Island.
Number of floor 15 floors
Total Leasable Space Offering 2
6,662m
Facilities 9 Restrooms/Floor, 4 Lifts, Sewage
treatment plant, Water treatment plant, 2
Power generating sets of 725KVA each,
and 1 power generating set of 365KVA.
Parking on 1st to 5th Floor for 100 cars.
CCTV System. Fire fighting pumps with
water sprinklers.
Rental
2
$800/M /P.A (Asking)
Year Constructed 2015
Contractor Cappa D’alberto
14
16. Premium Property Outlook | Q1, 2016
Name of Property THE WINGS
Location Walter Carrington crescent, Victoria
Island. (Waterfront Property).
Number of floor 12 floors
Total Leasable Space 2
13, 500m
Facilities 8 Restrooms/Floor, 4 Lifts, Sewage
treatment plant, Water treatment plant,
2 Power generating sets of 1000KVA
each. Parking for 700 cars. Plug n play
internet facility, Digital PABX. Motion
sensor lights. Automated Access Control.
CCTV System. Fire fighting pumps with
water sprinklers.
Rental
2
$900/M /P.A (Asking).
Year Constructed Under Construction. To be completed by
Q4 2016
Contractor Cappa D’alberto Plc
Name of Property LANDMARK TOWERS
Location Water corporation drive, Victoria Island.
(Waterfront)
Number of floor 9 floors
Total Leasable Space Offering 2
1,200m
Facilities 8 Restrooms/Floor, 4 Lifts, Sewage
treatment plant, Water treatment plant, 2
units of 1.1 MVA generator, 1 unit of 700
KVA generator, and 1 unit of 350 KVA
generator. Parking for 145 cars. Plug n play
internet facility, Digital PABX. Motion
sensor lights. Automated Access Control.
CCTV System. Fire fighting pumps with
water sprinklers.
Rental $900-$1000/m2/P.A (Asking). $700-
$800/m2/P.A (Achieved).
Year Constructed 2015
Contractor Nahman Construction
15
17. In2016 irrespectiveof thedownturnintheeconomy, weanticipateandforecast that thoughthepremiumreal estatesectorwill
respond toboth negative and positive economic sentiments this year, there will still be some measured activities with sustained
developments andinvestments
Globally, Grade 'A' buildings command premium rentals, reflective of the costs associated with meeting these international
standards. In a business environment like ours where there is pressure on costs and where corporate leadership is focused on
reducing overhead, one couldwell ask howan individual orcompanycan justifythe move toa premierandapparentlyhigh cost
facility? The efficiency, sustainability and competitive advantage premium residences and Grade A facility delivers overtime,
makes thedifference.
Inourquarter1 report for2016, wewill beexpounding moreontheimpact of thecurrent economicandpolitical climateonreal
estate in 2016, the drivers forchange in the premium space; shedmore light on the opportunities that aboundforinvestors and
look at thecritical factors that will transformtheNigerianReal Estatespaceandfinallydeep diveintowhat top notchexperts in
the industry feel will be the winning strategies that will shape the sector and sustain the momentum in premium real estate
developments.
To get a copy of the report, kindly send a mail to research@fineandcountryng.com,
Disclaimer
This report is published by FINE COUNTRYWest Africa and it is meant for general information only. While we have deployed high standards in its preparation, we do
not accept any legal responsibility for any loss or damage resulting from the contents of this report. As an all-purpose report, this material does not represent the total
advisory of FINE COUNTRY for premium developments. For full advisory and reproduction of this report in whole or in part please contact our Head office @ 13
AdetokunboAdemola Street, Victoria Island, Lagos. TEL: 01-2710723, 08096000042; victor.nkwocha@fineandcountryng.com www.fineandcountryng.com
REAL ESTATE OUTLOOK 2016
Premium Property Outlook | Q1, 2016
The Proposed Eko Atlantic Development, Victoria Island, Lagos.
08096000042
16
Call: 08096000042 for inquiries
18. Best Real Estate Agency
2014
Gold Category for Quality Leadership,
Technology Innovation
2014
Best Real Estate Advisory Team
2015
Cfi.co Real Est.Awards
The Residences, Asokoro Abuja - Call 08096000042 for inquires.