Markets & Investment Nigeria

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Broll releases Q3:2018 snapshot report for Nigerian property markets

The Broll Property Intel Nigeria Snapshot Q3:2018 has been released, providing an overview of the country's current economic standing and the state of its retail, office and industrial markets...

23 Nov 2018

How building eco-friendly hotels can help develop ROI

In this day and age, building 'green' should be the norm rather than the exception, however, misconceptions on green building 'tax' still seem to hinder the decision...

19 Oct 2018

Hotel Verde Zanzibar opens doors to guests, promotes responsible tourism

On 21 March 2018, Hotel Verde Zanzibar - Azam Luxury Resort & Spa will open its doors to guests for the first time...

6 Mar 2018

Marriott International adds mixed-use property to its Nigerian portfolio

"The Renaissance Lagos Hotel and Marriott Executive Apartments will be a significant addition to our strong Nigeria portfolio. There is a growing need for high calibre short and extended stay lodging in Nigeria..."

16 Nov 2017

Africa needs coordinated strategies for urbanisation

Africa's rapid urbanisation can be a driver of industrialisation and there is an urgent need to connect policies and strategies for urban and industrial development...

25 Oct 2017

Going the Reit route could help Attacq

Attacq, which owns the Waterfall development precinct, anchored by the 131,000m² Mall of Africa near Midrand, last week reported foreign exchange and impairment losses of R280m on its European and African interests...

By Joan Muller 26 Sep 2017

JLL report reveals growing demand for prime logistics space in Africa

According to JLL's 2017 Africa Prime Industrial Report, within Africa's more diversified economies, the prime industrial sector is set to emerge as an attractive asset class over the short to medium term...

31 Aug 2017

BON Hotels increase footprint in West Africa, signs twelfth hotel in Nigeria

BON Hotels has increased its footprint in West Africa with the signing of its 12th hotel in Nigeria - making the group the largest hotel management company in the country...

27 Jun 2017

Tax structures hinder Nigeria REIT growth

According to Bolaji Edu, Broll Nigeria CEO, while there is appetite to invest in the listed property sector on the Nigerian Stock Exchange (NSE), the regulation is very tax inefficient and the sector remains underdeveloped...

28 Dec 2016

Nigeria's slowdown affects retail, investment opportunities

According to Broll Nigeria, retail landlords have had to offer rental concessions in order to retain tenants in Nigeria and falling commodity prices, coupled with the depreciation of the naira, have contributed to the reduction of Nigeria's attractiveness as an investment destination in general...

12 Oct 2016

Eris Property Group to invest in Nigeria's Agbara Estate

The development plans for the Agbara Estate in Lagos, Nigeria, represents Momentum Africa Real Estate Fund (MAREF) and its partners, Land Afrique and Eris Property Group's commitment to investment in Nigeria...

4 Feb 2016