Client:Multinational Retail Corporation With Headquarters In The USA
Requirement: Over 15,000 SqM of land in Lagos Mainland
- The Clients objective was to develop their own Retail premises with a view to creating a destination venue for shoppers.
- Templetons was approached to undertake a search of the market for suitable land with good title within the Lagos Mainland area.
- This land size required is not readily available in the Lagos market
- Identification of land options that met the client’s requirements
- Templetons was able to leverage off its database of contacts to identify potential options that met the client’sneeds.
Client: Property Investment Subsidiary Of International Financial Services Group With Headquarters In The UK
Requirement: Identification of Investment opportunities in Commercial Real Estate in Lagos and Abuja
- Market Search for Commercial Real Estate investment options in Lagos and Abuja that met our client’s specific investment criteria.
- Real Estate Owners/Landlords/Investors in Nigeria prefer to dispose of their Commercial property assets off market rather than place them in the secondary market.
- Our client had relatively stringent search criteria in terms of property type, location, size and investment yields
- Templetons was able to leverage off its contact database to identify a long list of potential options that met the investment criteria of the client
- Used local knowledge of off–market properties to provide investment options for the client