Tag: broll nigeria

How resilient is Nigeria’s property market to COVID-19 shocks?

Real Estate Advisory firm, Broll says there has been a slowdown in the general office market, as the new leases signed in the A-grade market significantly dropped by 87 per cent decline relative to the H2 numbers in 2019. They also note that demand for retail space in Nigeria is likely to remain flat. Nnenna Alintah, Executive Director for Occupier services at Broll Nigeria joins CNBC Africa for more.

What the future holds for Nigeria’s office & retail property market

The CEO of Broll Nigeria, Bolaji Edu says 2019 was a strong year for the office property market as A-grade take-up was the highest in five years and double the amount from 2018. He discussed the dynamics and the future of Nigeria’s office and retail property market with CNBC Africa’s Kenneth Igbomor.