Development firm set to transform Agbara estate

According to eProperty, the firm is working with Land Afrique and MAREF (Momentum Africa Real Estate Fund) to develop the estate.

David Lashbrook, head of Africa Investment Strategies at Momentum GIM which manages the $250 million dollar MAREF fund, spoke on the project.

"This development in the heart of Nigeria’s manufacturing hub, is a high-quality investment that demonstrates the group's commitment to the City of Lagos and to expanding its global property portfolio."

Once the transformation is completed, the estate will have a convenience shopping centre, a business hotel, offices, retail market, lorry parks and an independent power plant