New grounds have broken on the real estate market as Lagos authorities have acquired the famous Elephant Cement House, a multi-storey office complex situated at Ikeja Central Business District at a cost of N3.1 billion.
The building was home to Lafarge Africa Plc, a leading Sub-Saharan Africa building materials company and a subsidiary of LafargeHolcim, owners of the commercial property.Tenants in the flagship property include Lagos government agencies, corporate organisations and leading players in the banking industry, UBA and Stanbic IBTC.
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