{
  "url": "https://classa.info/cities/lagos/faq",
  "title": "Lagos Class A office: frequently asked questions",
  "description": "Quick answers to the questions occupiers ask most about Lagos Class A office leasing.",
  "oneSentenceAnswer": "Quick reference: Lagos Class A rent is ₦80,000/sqm/mo · ≈ $59.8 PSF/yr USD ($60 USD), typical term 2 years, 4 months free.",
  "tldr": [
    "Class A rent: ₦80,000/sqm/mo · ≈ $59.8 PSF/yr USD.",
    "Typical term: 2 years.",
    "Typical rent-free: 4 months.",
    "Vacancy: 17.6%."
  ],
  "keyFacts": {
    "city": "Lagos",
    "country": "Nigeria",
    "region": "EMEA",
    "classARentLocal": "₦80,000/sqm/mo · ≈ $59.8 PSF/yr USD",
    "classARentUsd": "$60/sqft/yr",
    "vacancy": "17.6%",
    "typicalLeaseYears": 2,
    "typicalRentFreeMonths": 4,
    "submarkets": 5,
    "primeYieldPct": "9.6%"
  },
  "faqs": [
    {
      "question": "Why are leases USD-pegged?",
      "answer": "Naira volatility (significant devaluations in 2023-2024) drives international landlords to USD-peg trophy leases. Many domestic Nigerian tenants prefer naira leases despite the FX risk."
    },
    {
      "question": "What is Eko Atlantic City?",
      "answer": "Eko Atlantic is a master-planned offshore reclaimed-land district off Victoria Island — major Class A delivery beginning 2024-2025, planned as the principal new financial centre of West Africa."
    },
    {
      "question": "What is the FX accessibility context?",
      "answer": "Nigeria has historically experienced periods of restricted FX availability for cross-border payments. Tenant decisions on lease currency, repatriation, and supplier payment plans must consider this."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/lagos/faq), updated 2026-04-15T00:00:00.000Z."
}