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Stanbic IBTC, others create awareness on REIT

Stanbic IBTC, Actis, Persianas Group and Resilient Africa have come together to create awareness and draw investors’ attention to Real Estate Investment Trust as a means of attracting capital inflow into real estate assets. Read More    

James Cubit, Design Group win UPDC's 30-storey design competition

AFTER a keen competition to get world-class architectural design for its proposed real estate project, the UACN Property Development Company Plc has eventually selected two firms for its ‘One Prime’ project, to be located within the neighbourhood of Ikoyi, Lagos StateRead More

 Retail Malls revolution berths across Nigeria

Though the retail market in Nigeria is still evolving,  arguably, no other segment of the real estate sector has received a greater share of investors’ confidence and interest in the Nigerian economy than this market in which it is estimated that N200 billion has been invested in the past couple of years. Read More

Land, important economic tool - Fashola

Well titled land has been said to serve as a strong economic tool that can help bring about enormous wealth not just to individuals but states and nations as a whole. This was the assertion made by the Lagos State governor, Mr Babatunde Fashola, last week in Lagos, during the signing of the law seeking perfect consolidation of land registration issues in the state. Read More  

Experts predict low property yields in 2015, forecast impressive 2017

Nigeria’s real estate sector’s performance may not be totally superlative this year as a combination of factors may impact negatively on returns on investments. But then, experts believe that strategic approach to managing the extenuating factors would help investors in charting the desired road to better years ahead. Read More

Grand Imperio sets April delivery date, to build 1,000 new houses

JUDGING from its success story of delivering different residential estates in Lagos in the recent times, a bullish real estate development firm, Gran Imperio Group (GIG) has projected to deliver a minimum of 1000 upscale but pocket-friendly housing units on a yearly basis. Read More   

RAC Lagos House Price Index - 2015 


The RAC Lagos House Price Index was launched in 2011. It is the first index of its kind to show movements in house prices in Lagos based on average asking price. The last 12 months has been a very interesting period for the Lagos real estate market. As we predicted, house prices rose by single digits across the Lagos Island and Mainland markets. Read More

RAC Featured Residential Developments  

•  Alcove Homes

•   Bourdillon Court Phase 3

•   Illiniois Court

•  Ladoke Akintola, GRA

•   Midland Court

• undefined   Peace Court

•   Praiseville Gardens Estate

•    Royal Estate

To see more of the residential developments we are currently promoting please Click Here

RAC Research Reports

You can download our past research reports from our reports page, please Click Here

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General Enquiries

For general enquiries into any of the developments we are promoting on our platform, please send an e-mail to info@rac.com.ng
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