ALLIANCE PLACE, IKOYI, LAGOS LOSS TO LEASE VALUE
- akinABRAHAM & ASSOCIATES LTD
- May 20, 2022
- 1 min read
#LossToLease in #greenlabeled #officebuilding market in Nigeria.
The estimated #LossToLease value of $2,361.11 per sqm for Alliance Place, Ikoyi, Lagos represents a significant #greenadvantage for the asset to close the lease loss gap by building a rental increase into lease term commensurate with the prevailing market rent for similar premium office buildings.
Aside from minimizing operating expenses, paying attention to #LossToLease #valueadd #strategy has the added benefit of increasing #NOI and #MarketValue.
Available data and numbers in the Lagos Office Market show that #greenlabeled office buildings have a tremendous possibility to have 100 percent occupancy, improve rental income, steady tenant retention, and a high sales price. If other high-end office buildings can do it, why couldn't #sustainablebuildings?
To know more, #askthevaluer +234-806-877-4629, aabraham@akaa-ng.com, www.akaa-ng.com
#theallianceplaceikoyilagos #lagosprimeoffice #commercialrealestate #greenbuildings #rentalproperties #rentalincome #nigeriarealestate #valuation #valuations #propertyvaluation #valuationmatters #alfredrewaneroadikoyilagos #victoriasecrets #rmbwestport #south #EDGE #internationalfinancecorporation
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