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

Sector Icon - Office

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

Value presented proportional to ownership interest held, 100% GLA reported

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