๐ท๏ธ LEKKI PHASE 1 RENTAL GROWTH OUTPACES IKOYI AT 36% ANNUALLY
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Lekki Phase 1 is growing faster than Ikoyi with a 36% annual rental growth rate, driven by a tightening supply and the deepest pool of potential tenants on the Island.
๐ท๏ธ SOLAR POWER TRANSITIONS FROM LUXURY TO REAL ESTATE BASELINE
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Reliable power is shifting from a luxury to a baseline; estates with integrated solar now command higher rents and sell faster than diesel-dependent developments.
๐ท๏ธ FLOOD MAPPING BECOMES ESSENTIAL AS INSURANCE CLAIMS SURGE
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Due diligence in Lagos must now include flood mapping, as recent insurance claims highlight the risk of properties in high-growth but low-lying corridors.