Ikeja City Mall

What Ikeja City Mall does

Ikeja City Mall is a single-asset premium shopping mall located on Obafemi Awolowo Way in the Alausa district of Ikeja, Lagos — the seat of the Lagos State government. The property offers 22,223 m² of premium retail space comprising more than 100 stores, 12 restaurants, entertainment facilities (cinema and live sports viewing), and over 700 parking bays. It is owned by Gruppo Investment Nigeria Limited and operated with Broll Property Services Limited (Broll Nigeria) as the appointed property manager.

The business operates as a commercial retail real estate destination, generating revenue primarily through leasing store spaces to a diversified tenant base that includes international brands such as Nike, Swarovski, Burger King, Mothercare, ALDO, and Dune London, alongside more recent additions including Puma, Krispy Kreme, and Charles Tyrwhitt. A secondary revenue stream is being built through a paid activations/exhibitions program priced via enquiry brochure. Marketing and tenant-mix refresh are supported by an active blog, WhatsApp communications, and Mailchimp newsletter; the company is NDPA (Nigeria Data Protection Act, 2023) compliant with a formally appointed Data Protection Officer.

Its customer base consists of two layers: (1) commercial tenants — diversified across retail, F&B, and entertainment — and (2) end consumers across Lagos seeking shopping, dining, and leisure in a single climate-controlled, secure environment. The company's proposition centers on its irreplaceable Alausa location, curated premium brand mix, and amenity scale (parking, dining, entertainment) that competing Lagos properties struggle to replicate.

Name

Ikeja City Mall

Legal name

Gruppo Investment Nigeria Limited

Website

https://www.ikejacitymall.com.ng/

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

1–10 employees

Short description

Ikeja City Mall is a Lagos-based premium shopping mall owned by Gruppo Investment Nigeria Limited, offering 22,223 m² of retail space with 100+ stores, 12 restaurants, entertainment, and 700+ parking bays, serving consumers and a diversified base of premium commercial tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Core offering

Ikeja City Mall operates a large-scale physical shopping mall offering premium retail space across 22,223 m², hosting 100+ retail stores with quality brands, a 12-restaurant food court, entertainment facilities, and over 700 parking bays. The mall leases commercial space to retail tenants and serves individual consumer shoppers with shopping, dining, and leisure experiences under one roof.

Product overview

Ikeja City Mall is a single physical retail destination offering a unified shopping, dining, and entertainment experience. The mall provides retail shop spaces (over 100 stores), a food court with 12 restaurants, entertainment facilities including cinema, parking services with 700+ bays, and a store locator for visitor navigation. All services are integrated within one 22,223 m² premium retail facility in Lagos, Nigeria.

Differentiator

Problem solved

Functional benefit

Products and services

• Ikeja City Mall (retail destination) Physical shopping mall in Alausa, Ikeja—Lagos offering a one-stop shopping, dining, entertainment, and parking destination for individual consumers and families.
• Retail Shops Curated mix of 100+ brand retail storefronts across categories (fashion, sports, accessories, jewellery) leased to tenants and open to consumer shoppers.
• Food Court On-site food court with 12 restaurants and food outlets offering dining options to mall visitors.
• Entertainment Facilities Entertainment offerings at the mall including cinema screening and live sports viewing experiences for visitors.
• Parking Services On-site parking facility offering over 700 bays for shoppers, diners, and entertainment visitors.
• Store Leasing Services Commercial leasing of retail space at Ikeja City Mall to prospective brand tenants, managed through an enquiry-based sales process.

Named customers6 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Broll Property Services LimitedcoreImplementation/ SI/ Consulting PartnerBroll Property Services Limited (Broll Nigeria) is appointed as the dedicated property manager for Ikeja City Mall, providing operational and management support to the mall owners Gruppo Investment Nigeria Limited.

Scale indicators5 records

Recent moves4 records

Expansion highlights3 records

Others

• Broll Property Group: Pan-African commercial real estate services firm that manages Ikeja City Mall on behalf of its owners. Comparable as the operating-partner layer beneath ICM and a peer to other institutional African mall property managers.

Direct peers

• Gateway Mall (Ogun State): Large shopping mall located along the Lagos-Ibadan corridor featuring major international retail and entertainment anchors. Comparable to Ikeja City Mall as a West Nigerian multi-category mall drawing Lagos-region shoppers and brand tenants.
• Palms Shopping Mall: Large upscale shopping mall in Lekki, Lagos, operated as a multi-category retail and entertainment destination with international brand tenants. Directly comparable to Ikeja City Mall in scale, tenant mix, and target shopper profile within the same Lagos market.
• Circle Mall (Jakande Roundabout): Lagos-based shopping mall offering retail, dining, and entertainment anchored by international brands. Comparable to Ikeja City Mall as a competing Lagos mall targeting similar mass-affluent shoppers.
• The Junction Mall (Apapa): Apapa, Lagos shopping mall offering retail and dining with international brand tenants. Comparable to Ikeja City Mall as a Lagos-based multi-category retail destination competing for similar tenant brands.
• Novare Lekki Mall: Modern Lagos mall in the Lekki corridor featuring international retailers, dining, and entertainment. Comparable to Ikeja City Mall as a premium multi-category mall serving Lagos's middle-to-upper-income consumers.
• Mega Plaza (Victoria Island): Multi-level shopping mall on Victoria Island, Lagos, with a mix of retail and F&B. Comparable to Ikeja City Mall as a Lagos multi-category retail destination serving similar urban shoppers.

Regional players

• Two Rivers Mall: Major upscale shopping mall in Nairobi, Kenya, with international brand tenants, dining, and entertainment. Comparable to Ikeja City Mall as a flagship East African multi-category mall with similar tenant mix and shopper positioning.
• Westgate Shopping Mall: Premier shopping mall in Nairobi, Kenya, featuring international brands and entertainment. Comparable to Ikeja City Mall as a top-tier East African multi-category mall serving similar mass-affluent urban consumers.
• Accra Mall: Leading shopping mall in Accra, Ghana, with international retail and F&B tenants. Comparable to Ikeja City Mall as a flagship West African multi-category mall serving an urban middle-class consumer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ikejacitymall
• LinkedInlinkedin.com/company/ikeja-city-mall-lagos

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ikeja City Mall