Lagos's New Breed Of High Quality Office Complex's

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As Nigeria is experiencing a period of dynamic economic expansion, with an average GDP Growth of 5%, We have seen a growth result in creating a wealthier population, particularly in Lagos, Nigeria's largest and most rapidly growing urban center. Demand for high quality commercial property continues to grow across Lagos on the back of the mega city's sustained strong economic growth and rising wealth.

In the office sector, Lagos has had severe shortages of high quality space built to the specifications expected by international companies. Which has led to extremely high rents in this sector, because there is huge demand for office space from international companies especially from the oil and gas sector. At the moment prime office rents Lagos are amongst the highest in the world. Recently the construction and completion some A-grade office space have reduced some of the pressure on the market and rents are becoming more affordable, even with these developments, prime rents in Lagos remain well above those in other leading global office markets such as London, New York and Hong Kong. Below are our top picks of prime office space that have sprung up or are currently being developed in lagos.

THE WINGS, VICTORIA ISLAND
THE WINGS, VICTORIA ISLAND

This is a project being developed by RMB Westport who's Founder was a keynote speaker at SAPIS 2013 in London. It Comprises of two towers, which are accessible from the recently upgraded Ozumba Mbadiwe arterial route as well as the Five Cowrie Creek water transportation route, that the towers overlook. Tenants will be treated to a spacious, modern work environment that receives ample natural light, with views of the surrounding city.

An on-site restaurant will look out onto the Five Cowrie Creek, creating the ideal setting for business lunches, professional functions or after work drinks. A public lobby, complete with porte cochère, on the ground floor will welcome guests and tenants from the creek, street and all parking levels, creating a central area that seamlessly diverts everyone to their respective destinations within the building.


HERITAGE PLACE, IKOYI
HERITAGE PLACE, IKOYI

Developed by Actis, a private equity firm who focus on investments in emerging markets and is a key player in the Sub-Saharan Africa real estate sector. Heritage Place is a world-class development situated in Lagos's commercial and retail area, and just a few minutes walk from the most important venues in the city. It consists of 14 floors; 8 of which are rentable office and 5 floors for on-site parking it also boasts features like, suspended ceilings, a cafe/coffee shop, plaza as well as flexible ofice sizes between 450sqm and up to 2,000sqm.
Its developere dub this ultra-modern, eco-friendly building as Nigeria's most advanced development, that employs the latest state-of-the-art building techniques. Heritage  is  becoming one of the Lagos' most recognisable buildings.

TEMPLE TOWER, IKOYI
TEMPLE TOWER, IKOYIDeveloped by YF Construction company  that built NIPOST/Energy Towers, Victoria Island  and 21 Gerard Apartments,Ikoyi. Temple Tower is a 15 Floor mixed- use development, consisting of 15,000m2 of office space. And is located on temple road, Ikoyi. It was completed in 2015


BAT RISING SUN, IKOYI
BAT RISING SUN, IKOYI

Built to be a “grade A” office space, the new headquarter of the British American Tobacco, the Bat Rising Sun is a 13 story mixed use tower (offices and accomodation). The special aesthetic view, that well represents the Nigerian Site of the multinational tobacco company, has been obtained thanks to the use of enamelled colored glass panes. The project has been realized drawing on the experience of Capita Symonds, the prestigious London Study of Architecture and on the local multidisciplinary talent of Ecad Architects.

KINGSWAY TOWER, IKOYI
KINGSWAY TOWER, IKOYI
Developed by Skyview Towers, Kingsway Towers is another commercial office development located in the busy commercial node of Lagos, on the corner of Glover Road and Alfred Rewane Road, Ikoyi. When completed in 2017 it will offer 12,000sqm of commercial space that will include office space, ground floor retail, restaurants and basement parking. The mixed use nature of this building is reflects the new trend being seen in many new developments in Lagos.

LANDMARK TOWERS, VICTORIA ISLAND EXT
LANDMARK TOWERS, VICTORIA ISLAND EXT
Developed by Landmark Africa, this building comprises of a main building with 10 floors and a leisure centre. The building includes a high–ceiling retail floor with terraces, world-class restaurant, 6 floors of grade A offices and a 22 room boutique hotel, and is strategically located in the heart of Victoria Island with stunning views of the city and Atlantic ocean front, bringing your everyday ‘Live Work Play’ under one umbrella. Some leisure activities this building offers include: spa room, gym and aerobics, squash court, sports bar, kids play area and swimming pool.

 NESTOIL TOWER, VICTORIA ISLAND
 NESTOIL TOWER, VICTORIA ISLAND
Developed by Draw Cook , This 15-floor mixed-use development is located at the intersection of two major business districts (Akin Adesola Street and Saka Tinubu Street) in Victoria Island Lagos, and consisting of 7500 m2 of lettable office space, a proposed 3500 m2 residential space, a multi-storey park and includes lesiure facilities ,with a panoramic view of the Eko Atlantic City and the Atlantic Ocean. The development is targeted at dynamic businesses, multi-national industries, financial institutions that require top brand positioning and desire to be at the very heart of their target market

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