**Title: Lagos Real Estate Market Sees Shift in H2 2025, Easing Inflation and Infrastructure Spending** **Lagos, Nigeria** - The Lagos property market has shown signs of stabilisation in the second half of 2025, as evident in a half-year report by Knight Frank Nigeria. Released on Monday, the report indicates that easing inflation, stronger construction activity, and rising industrial demand have shaped the performance of the Lagos market. The report, which mirrors the broader economic direction of the country, indicates that the property market has become increasingly stable. According to Senior Partner/CEO of Knight Frank Nigeria, Frank Okosun, this stability is a result of moderating price pressures and increased infrastructure spending. "The second half of 2025 presented a mixed but increasingly stable economic climate for Nigeria. These developments have had a direct influence on how the Lagos property market evolved," he explained. The report highlights a renewed momentum in the industrial and logistics segment, driven by improved manufacturing activity and sustained demand for Special Economic Zones (SEZs). The industrial Purchasing Managers' Index (PMI) has risen from 49.1 to 57.0, signalling sector expansion. This growth is expected to continue, driven by the ongoing development of SEZs and the increasing demand for warehouses near ports. The office market has shown mixed performance, with occupiers remaining selective about prime spaces. However, decentralised business districts such as Ikeja have recorded increased enquiries and transactions, supported by accessibility and cost considerations. This trend is expected to continue into 2026 as businesses seek to optimise operational costs. In the residential market, investor interest in short-let apartments and faster-turnover projects remains strong, driven by a growing preference for assets with quicker returns. The report also highlights evolving tenant behaviour, with developers and landlords responding with more flexible residential offerings. Retail trends continue to be shaped by affordability and consumer proximity, with hyper-local retail formats outperforming large traditional outlets. This shift is driven by households adjusting to price sensitivity and convenience-driven shopping. As the report highlights the shift in the Lagos property market, it is essential for stakeholders to stay informed about the evolving trends and dynamics. The report provides valuable insights into the performance of the Lagos market and is expected to guide decision-making in the real estate sector. In conclusion, the Lagos property market has shown signs of stability in the second half of 2025, driven by easing inflation, stronger construction activity, and rising industrial demand