Nigeria’s grade-A office records largest take-up in 5 years at 20,100m2 in 2019
For the first time since 2014 Nigeria’s grade-A office reported the largest take-up of about 20,100m² in 2019 on the back of increased demand from tech and oil & gas industries, data from Nigeria’s Office Market Viewpoint H2:2019 by Broll Nigeria shows.
While the bulk of the grade-A office space was delivered in the first half of 2019, around 45,000m² of office properties entered into the A-grade market last year. The most noteworthy of the major transactions that occurred in the year under review was the sale of the Cornerstone Tower Development (GLA of 12,040m²) in the second half of last year…
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