The iconic Falomo Shopping Mall located in Ikoyi, Lagos state will soon be redeveloped to a world class mall. This is because, Heirs Holdings, a pan-African investment company, chaired by Mr. Tony Elumelu, has concluded arrangement with Lagos State Development Property Corporation (LSDPC), to give the mall a world standard face.
 
The mall will be redeveloped into a shopping mall, an office complex and world class residential apartments that will serve the needs of the burgeoning populace in Lagos State and beyond.

The Falomo Shopping Mall redevelopment project is a private-public sector agreement between Heirs Real Estate Limited, a wholly owned subsidiary of Heirs Holdings, and the Lagos State Development Property Corporation (LSDPC). Heirs Holdings is a pan-African proprietary investment company that deploys capital in projects that will yield value on the long term