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IKOYI OFFICE MARKET RENT EVOLUTION

With less than 25% vacancy rate, Ikoyi Office Market is yet to Stay Up and Close to pre-2015 market experience.


The rental income upsurge of prime-grade office space in Ikoyi and Victoria Island Office Market in 2008 to 2012 was more than a catalyst that gave rise to the construction of quality and prime-grade office buildings with exceptional users' experience and a world-class management set-up within the Lagos Office Market.


Despite having the best-of-the-market rental rate and growth and a better vacancy rate outlook (at less than 25%), Ikoyi Office Market is yet to rid itself from the negative effects of recessions of 2016 to 2017 and the pandemic-led changes of 2020.


Please see 👇 https://lnkd.in/diA9XFN9


Just like 'will exam holds' rhetoric amongst the Obafemi Awolowo University students, will Ikoyi Office Market in 2022 go beyond the 2012 market experience and performance?


Kindly share your views and comments with us.





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