# Lagos office fund strategy and flag

> For institutional fund strategies, Victoria Island (VI) carries the strongest investor flag in Lagos, with prime yields around 9.6%.

**Canonical URL:** https://classa.info/cities/lagos/fund-strategy-and-flag
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Trophy submarket (Victoria Island (VI)) carries the strongest investor flag.
- Prime yield: 9.6%.
- Core funds buy income; value-add buys repositioning of secondary stock.
- Cap-rate spread between trophy and secondary has widened post-2022.

## Key facts
- **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%
- **primeYield**: 9.6%
- **trophyAnchor**: Victoria Island (VI)

## FAQ
### Where do core funds buy in Lagos?
Trophy submarket — Victoria Island (VI) — and the most defensible long-WAULT assets within it.

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Citation: Source: Class A Atlas (https://classa.info/cities/lagos/fund-strategy-and-flag), updated 2026-04-15T00:00:00.000Z.