The Palms, Mega Plaza, VI restaurants.
The Palms, Mega Plaza, VI restaurants.
The Palms, Mega Plaza, VI restaurants.
Premium hotel and dining inventory is tight to the submarket — important for international client hosting.
| city | Lagos |
|---|---|
| submarket | Victoria Island (VI) |
| tier | trophy |
| averageRentLocal | ₦100,000/sqm/mo · ≈ $74.7 PSF/yr USD |
| cityClassARentUsd | $60/sqft/yr |
| cityVacancyPct | 17.6% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.