Addis Ababa

The Board Chairman of East African Holding, Buzuayehu Tadele Bizenu, indicated in his Ethiopian New Year message on Monday evening, which was telecast on the state broadcaster ETV that the industrial conglomerate had gotten involved in real estate development via launching the construction of about 800 houses in Addis Ababa, the country's capital. East African Holding is well-known for its investments...

Eagle Hills, a renowned Abu Dhabi-based private real estate investment company and developer of new city hubs and several other projects in the high-growth international market, prepared to initiate their luxury apartment project at the prime location Addis Ababa, capital of Ethiopia. In November, it was declared when the company decided to launch the plan that the project will be of $1.8 billion worth...

Hospitality tycoon Accor, in partnership with the private corporation Yuluch Elyano Trading, has made a management deal to build property under the banner of its leading design economy brand known as Ibis Styles. This is in light of the group’s plan to expand its reach in Ethiopia. Yuluch Elyano Trading will control the 150-key hotel to be built in Addis Ababa, becoming the fifth emerging property in...

Demand for residential houses in Addis Ababa has continued to rise over the past few years. More Ethiopians are relocating to town putting pressure on the government to satisfy the housing demands. Nevertheless, the private sector has really stepped into at least cater for some of the demand, especially demand for high-end residential houses. The private sector has been experiencing impressive steady...

Ethiopia is among the leading countries in Africa with massive construction of housing schemes. These schemes are concentrated in Addis Ababa, with the government trying to cater for the ever-growing urban population. The ability for the Ethiopian government to solve the relenting urban housing demand is uncertain with the forecasted doubling of the current population to 8 million by the next decade....

Additional 8,428 homes will be constructed in Bole District, Addis Ababa under the middle-income housing scheme. The houses will be built on a 38ha land acquired by the Addis Ababa Savings & Houses Development Enterprise (AASHDE) from the City Administration. The project will feature 54 buildings in which the new homes will be enclosed in Bole Arabsa. The homes will be built in one, two and three...

The Addis Ababa City Housing Agency has earmarked 1,050 shops located across the city for auction. This auction will be on its 15th round in Addis Ababa. The shops to be auctioned are located in low-cost condominium housing schemes spread across four sub cities including Yeka, Akaki Kality, Bole and Kolfe Keranio areas. In Bole, 692 shops contained in five condominium sites will be auctioned while...

The price of condominium shops up for auction are constantly rising making individuals who are interested unable to afford them. The prices shops on the bottom floors of condominiums are ever highest and mainly taken by banks and companies who make better offers. Brokers and real estate companies are usually the highest benefits of such shops. In areas such as Bole, Arabsa, high offers are made up to...

Visitor or expat  looking for a weekend getaway or even a tourist wanting to visit, or, looking for short term rentals accommodations to start your move in the country, EthiopianHome has found for you some nice and comfy accommodations in the capital city Addis Ababa. Families and business people, city and nature lovers will find what they are looking for at the best price. From 1-bedroom studios to...

President Danny Faure was among leaders attending the African Union (AU) heads of state Summit which was the 30th session. The summit took place in Addis Ababa, Ethiopia end of January this year. The president was reported to have left on the 27th and returned on 29th. The African Union Summit touched on two major issues which seek to define AU’s relevance to the continent as a regional entity.  The...