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CBN dollarisation policy likely to affect real estate transactions

The Central Bank of Nigeria (CBN) on Tuesday restated its resolve to prosecute anyone found transacting business in the country with any foreign currency as a medium of payment. The banking sector regulator stated that its attention had been drawn to the increasing use of foreign currencies in the domestic economy as a medium of payment for goods and services by individuals and corporate citizens. Read More   

New report shows that Nigeria and other African countries are now a haven for real estate investors

Africa is no longer viewed as a region of long-term economic distress, but is increasingly seen as a continent of opportunity. Africa’s population boom is creating demand for residential property, ranging from mass market affordable housing to high-end luxury properties. WITH Africa’s positive story driven by demographic trends and urbanisation prospects, the continent’s rapidly growing economies are catching the attention of increased numbers of property investors and corporate occupiers in Sub-Saharan region, especially in Nigeria. Read More   

Alliance Place is the latest office development to berth in Ikoyi

In what seems a demonstration of  unwavering confidence in Nigerian economy and also in line with the mounting interest in  prime office space market in Nigeria, Lagos especially, African Capital Alliance (ACA), a private equity firm, has unveiled its iconic office complex known as the Alliance Place. Read More

Analysts flaw FG's strategy on FMBN recapitalisation, housing deficit

In the recent time, the Federal Government had stepped up efforts towards addressing the lingering housing deficit gap estimated at 17 million units. Apart from the sundry policy initiatives embarked upon by it to create the enabling environment for private sector participation in the housing sector, the launch of the Nigeria Mortgage Refinance Company, NMRC, by the government to boost housing financing, is viewed by stakeholders as a bold step in the realisation of the present administration’s housing for all programme. Read More

Homes affordability: FHA guarantees free lands, utilities

The Managing Director of   Federal Housing Authority, FHA, Professor Mohammed Al-Amin has said that the authority will not consider cost of land, infrastructure and utilities in fixing the prices of the homes built by FHA. He said that  this will serve as  distinction between prices of homes delivered by the FHA and those delivered by private developers who are ever desirous to make profit from land and variables in housing. Read More

New Property Listings Now Available!!!

We have new mandates from vendors looking to sell their properties located across Lagos from Yaba to Lekki. To find out more about them please Click Here   

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

Development Focus - Peace Court, Lekki

The first phase of Peace Court is set to be delivered in June and limited units still are available, off-plans sales for the phase two have also commenced  Click Here

RAC Featured Residential Developments  

•  Alcove Homes

•   Illiniois 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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