Ikeja City Mall, Nigeria

Complete development projects

Location: Lagos, Nigeria
Sector: Retail
Size (GLA): 22 645m2
Catchment population: 4 million
Anchor tenant: Shoprite, Silverbird Cinemas

Currently the largest shopping centre in Lagos, Nigeria, Ikeja City Mall is a sleek, ultra-modern centre situated right at the heart of the city. Boasting 22 645m2 of retail and entertainment space on 5.14 hectares of land, Ikeja City Mall is the place to be with more than 800 000 visitors per month.

Nigeria’s haven of shopping

Ikeja City Mall is anchored by two main tenants: Shoprite, which occupies 4 400m2 of the property, and Silverbird Cinemas, which is the most comprehensive entertainment facility currently available in Lagos. Popular restaurants, bars and cafés add to the entertainment value of the centre, and there is also a kid’s entertainment arena for the younger shoppers. Hairdressing and beauty salons take care of luxury grooming requirements and 30 line stores give shoppers plenty to do with time spent at Ikeja City Mall.

Approximately 4 million people reside in the catchment area with an estimated buying power of US$2.5-billion.

Visit the Ikeja City Mall website for more information.

Hyprop Investments : Actis, RMB Westport and Paragon sell Nigeria's Ikeja City Mall to Hyprop and Attacq

London, South Africa (17 November 2015): Actis, a leading emerging markets investor, RMB Westport, a notable sub-Saharan Africa real estate investment management and development group and Paragon Holdings, a leading Nigerian investor group today confirm the sale of Ikeja City Mall to South African Real Estate Investment Trust (REIT), Hyprop Investments Limited (Hyprop) and Attacq Limited (Attacq), a JSE-listed real estate capital growth fund.

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