Over the years, market dynamics have shown that many investors make the mistake of thinking that value in commercial real estate is in price alone, losing sight of other factors that make investment in that segment of the market viable.
Experts frequently offer useful investment insights that could shape how investors build real wealth. They note that many real estate investors make the mistake of chasing cheap deals instead of viable ones.
The experts explain that, besides price, investors in commercial real estate should also consider location demand, rental income, and long-term growth potential. These too constitute value in that market.
New insights emerging from the Nigerian real estate market show that Lagos rental markets, including commercial and residential, have seen consistent price and rent appreciation, with property values rising citywide at about 5-15 percent annually and mid-market rents averaging 6-10 percent in key developing areas.
Well-located shops in fast-growing
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