Lagos real estate market stabilises as construction rises – Knight Frank report

A half-year real estate new report released recently by Knight Frank Nigeria shows that easing inflation, stronger construction activity, and rising industrial demand shaped the performance of the Lagos property market in the second half of 2025.

The Lagos Market Update H2 2025, according to the company in a statement, indicates that moderating price pressures and increased infrastructure spending helped stabilise key real estate segments, with notable shifts across office, residential, retail, and industrial markets.

Frank Okosun, Senior Partner/CEO of Knight Frank Nigeria, said the market mirrored the broader economic direction of the country.