Lekki airport will boost Lagos real estate market — Firm

  • 📰 MobilePunch
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

A Lagos-based real estate firm, MDS Properties, has expressed optimism that the newly approved airport, which will be built along the Lekki-Epe axis, is set to expand commercial activities and boost the real estate market in the state.

According to a statement by the real estate firm, the project would stand as a foundation for growth and create platforms for businesses to thrive.

The statement also expressed optimism that the imminent surge of business activities in the axis would lead to 20-30 per cent increase in property prices, especially land, in 12 months.Also, the firm said the development would reduce the journey time and make commercial hubs in the Lekki axis more accessible.

The airport was also expected to stimulate tourism, which would in turn lead to more job opportunities, economic growth, and increased housing demand, the statement noted.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That’s a bad idea

APC usual propaganda, so they promised Nigerians four refinery, election fake promises

Broh lagos isn't the only city in Nigeria.....what happened to other cities Well this issue needed to address by FG

That's all the more why investing in real estate is a strategic move, lemme introduce you to affordable properties in the line of Ibeju-Lekki where location meets strategic planning Contact 09082814284 for enquiries or email:infosoaresservices.ng

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines