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Prime office rents fall in Lagos as real estate market sobers up

Recent developments in Nigerian economy are impacting heavily on the real estate sector, weighing down business and causing capital flight, says a new report released last week. But the situation has caused decline in office rents as developers are finding it hard to find premier tenants to occupy buildings. Read More

Foreigners eye more investment in retail malls' development

Despite challenges facing the real estate sector and the economy in general, more foreign investments in retail mall developments are expected in Nigeria in the next 12 to 36 monthsFindings by our correspondent indicated that over the next one to two years. Read More

How to bridge housing gap, by experts

Housing shortage is not limited to the middle class. It cuts across every stratum of the society,  the Executive Director, Grenadines Homes, Mr. Adesope Adeyinka, has said. In an interview, he said: “When we talk about housing deficit, people actually think it is limited to the lower class of the society. Read More

Why construction industry growth slows despite rise in cement production

Though the construction industry in Nigeria is almost as old as the country itself, it has remained a fledgling despite the increase in local production of cement which benefitted and has continued to enjoy the 2002 Federal Government’s backward integration policyRead More

How to cut construction costs in building construction

Building a home is quite exciting but the high cost of construction in terms of purchasing materials, land acquisition among others often puts people off even if they have the ambition. But hope is not lost as experts say  despite the high cost of construction there are ways of cutting costs in building construction and still come up with a good and decent homeRead More

New Residential Developments

Mikasa Estate

Mikasa Estate or Residences is the newest residential development to emerge in the highly acclaimed Abuja housing market. Designed as a low density residential development, Mikasa Estate offers future residents a unique and thrilling living experience with all the on-site facilities and amenties to be provided in the estate. Read More 

Tetramanor Gardens

Tetramanor Gardens is a new mid-market residential development currently in its final planning stages and will soon launch. The development is a product of Tetramanor Limited. Its located at Costain-Iponri, a prime area of Surulere (behind Leadway Assurance). Read More

Troy Court

Troy Court is a new residential apartment development located in the middle-class suburb of Aguda, Surulere with close proximity to Lagos Island and Yaba. It is being developed by Trojan Estates, an indigenous and renowned property development firm in Nigeria. Read More

Prime Land for Sale

We have a mandate to sell a prime parcel of land measuring approximately 7,000 sq.m at the prestigious Oniru Estate, Lagos. The Land is located along the alternative route Chief Yusufu Abiodun Way with very easy access. Read More

RAC Featured New Developments  

•  Alcove Homes

•  Glamour Gardens

•   Illiniois Court

• undefined   Peace Court

•    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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