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ALLIANCE PLACE, IKOYI, LAGOS LOSS TO LEASE VALUE

  • Writer: akinABRAHAM & ASSOCIATES LTD
    akinABRAHAM & ASSOCIATES LTD
  • May 20, 2022
  • 1 min read

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







 
 
 

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