Category Archives: Retail Feed Subscription

• More foreign retailers warming to Nigeria’s soaring buying power

  3Invest Media October 10, 2013

  

  A fresh wave of interest is blowing across the Nigerian retail market with more foreign retailers warming up for entry into the market to take a bite of the nation’s soaring household buying power. The past couple of years have seen growth in retail business in Nigeria due largely to the growing sophistication among the emerging middle class who have shifted... Read more »

• Retail : Nigeria’s retail potentials

  3Invest Media August 31, 2013

  

  Resilient Africa is a joint venture between South African companies that are specifically focused on developing shopping malls in Nigeria, a market that is being targeted by an increasing number of foreign retailers. The joint venture includes the majority stakeholder Resilient Property Income Fund, a specialised retail property loan stock company, Shoprite Holdings, a food retailer in Africa, andfinancial and... Read more »

• Heirs Holdings, LSDPC to redevelop Falomo Shopping Complex

  3Invest Media August 12, 2013

  

  Heirs Holdings, a pan-African investment company chaired by a former Managing Director, United Bank for Africa Plc, Mr. Tony Elumelu, has signed an agreement with the Lagos State Development Property Corporation for the redevelopment of the iconic Falomo Shopping Mall located in Ikoyi, Lagos State. The mall, according to a statement made available to our correspondent, will be redeveloped into... Read more »

• DEVELOPMENT | 1004 Community Mall and Apartments

  3Invest Media May 28, 2013

  

  The thriving residential community that 1004 estate has become, has naturally necessitated the construction of our community  mall and 48 Luxury apartments in a high rise 10 floor building to service our over 4000 residents and create new lifestyle apartments. The mall comprises several shops, banking halls, food courts, supermarket, offices, 3 and 4 bedroom flats, penthouses, parking spaces and... Read more »

• UPDC begins work on 5billion naira Festival Mall

  3Invest Media May 20, 2013

  

  UACN Property and Development Company,(UPDC) begins work on the construction of its retail outlet, Festival Mall located at  Festac Town, Amuwo Odofin Local Government Area of Lagos State. Read more »

• Actis, Duval to begin work on Abuja mall

  3Invest Media April 29, 2013

  

  Actis, a private equity real estate investor in sub-Saharan Africa, and Duval Properties, are set to commence work on the Jabi Lake Mall, a 30,000-square metre shopping space in Abuja. According to a statement by the developers, construction is expected to commence in June after the receipt of necessary government approvals. The Head, Real Estate, Actis, Mr. David Morley, said... Read more »