Average Rent for Ikoyi 3-Bedroom Climbs to ₦25m
The Roland Igbinoba Real Foundation for Housing and Urban Development releases its latest report. This document highlights rising rents in Lagos. Specifically, the average annual rent for a three bedroom apartment in Ikoyi reaches N25 million. Moreover this surge shows pressures in the luxury market. Key Drivers of Rent Increases Urbanization fuels the changes. Lagos…