Victoria Mall Plaza (VMP) – Victoria Island, Lagos

Victoria Mall Plaza (VMP) – Victoria Island, Lagos

Location: Bishop Aboyade Cole Street, Victoria Island, Lagos
Developer: UAC Property Development Company (UPDC)
Property Grade: B
Sector: Office / Mixed-Use
Gross Leasable Area: 7,454 SQM
Status: Completed

Project Overview

Victoria Mall Plaza (VMP) is a prominent four-phase mixed-use development situated in the heart of Victoria Island, Lagos’ leading commercial and financial district. Developed by UAC Property Development Company (UPDC), a trusted name in Nigeria’s real estate space, the VMP series represents one of the most strategically located and professionally executed urban developments in Lagos.

Development Timeline

• Phase 1 (2009–2010): Residential tower (formerly occupied by Mobil)

• Phase 2 (2011): Modern office tower, now anchored by KPMG

• Phase 3: Integrated retail and office development featuring:

  • Flexible retail shops and a food court

  • A 15-floor Grade B office block

  • 519-bay structured car park

  • 1,587m² event center

• Phase 4: Future development potential (details pending)

Key Features

• 15-floor office block with contemporary design

• 7,454 SQM gross leasable space

• Structured multi-level car park (519 bays)

• Retail outlets and food court for tenant and visitor convenience

• Full backup power and dedicated facility management

• Easy accessibility via major roads and business corridors

Investment Highlights

• Located in Victoria Island, Lagos’ most valuable commercial zone

• Anchored by high-profile tenants (e.g., KPMG)

• Strong long-term rental and capital appreciation potential

• Flexible lease options for both retail and corporate occupiers

• Purpose-built event space for corporate functions and networking