TOC / sq ft / yr
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Lagos Office Occupancy Costs
Total occupancy cost for Grade A office space in Lagos (Ikoyi) is ₦123699.47 per sq ft (₦1331534 per sq m) per year. Office rent is ₦77622.18 per sq ft (₦835546 per sq m). The total includes rent, service charge, business rates, fit-out, facilities management, utilities and exit costs.
| Submarket | Rent / sq ft | Rent / sq m | Total cost / sq ft | Total cost / sq m |
|---|---|---|---|---|
| Ikoyi | ₦77622.18 | ₦835546 | ₦123699.47 | ₦1331534 |
| Victoria Island | ₦60319.97 | ₦649300 | ₦110076.78 | ₦1184895 |