Accra, Ghana
5th Avenue Corporate Offices are located in the suburb of Cantonments, Accra, Ghana and was acquired in November 2018, tenanted by ATC and previously anchored by GC Net.
Subsequently, GCNET terminated the lease and vacated the building end of June 2021. Lease concluded with Majorel for c80% of the exGCNET space effective November 21, with the balance anticipated to be to be relet by March 2022.
Property Details
5th Avenue Corporate Offices
Office Sector
100% Ownership
| Location: | Accra, Ghana |
| Anchor Tenant: | ATC Tower |
| Acquisition Price: | US$20.5 million |
| Valuation1 (as at 31 December 2021): | US$15.6 million |
| Acquisition Date: | Friday, 30 November 2018 |
| Land Title: | Leasehold |
| GLA1: | 5 070 m² |
| Parking Bays: | 94 |
1 Value presented proportional to ownership interest held, 100% GLA reported
