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Poli Lotus International Center, Ethiopia’s first urban complex

Poli Lotus International Center, Ethiopia’s first urban complex

Addis Ababa, Ethiopia – Poli Lotus International Center, the first urban complex project in Ethiopia developed by Chinese investment, was opened on Monday in Ethiopia’s capital Addis Ababa. The project… Read more »

Tsehay Real Estate Start Sales In October

Tsehay Real Estate Start Sales In October

By Dawit Endeshaw, Addis Fortune Addis Ababa, Ethiopia – Tsehay Real Estate plc, the Chinese real estate company building 13 apartment buildings, will start selling units in October on one… Read more »

Diaspora Homebuyers’ Hopes Dashed

Diaspora Homebuyers’ Hopes Dashed

More than a decade later, promises made by Habitat and Berta have failed to be delivered. By Fasika Tadesse Addis Ababa, Ethiopia – Homebuyers who purchased real estate from Habitat… Read more »

Over 225,000 condos to be built in Addis

Over 225,000 condos to be built in Addis

Addis Ababa, Ethiopia – The Ministry of Urban Development, Housing and Construction said that over 225,000 condominiums would be built in Addis Ababa over the coming two years. Minister Mekuria Haile… Read more »

Landmark Ruling Upheld Against Real Estate Developers

Landmark Ruling Upheld Against Real Estate Developers

The ruling of the Supreme Court sets the bar high for all real estate developers in the country. Addis Ababa, Ethiopia - Country Club Developers (CCD) is to restore contracts with… Read more »

Real Estate Firm to Offer Ready-Made Space for Sale

Real Estate Firm to Offer Ready-Made Space for Sale

After the well publicised Access Real Estate debacle, buying already completed properties should prove to be popular. Addis Ababa, Ethiopia – Noh Real Estate will begin selling business, office and… Read more »

CGCOC Group of China to enter real estate sector with a capital of 2 billion birr

CGCOC Group of China to enter real estate sector with a capital of 2 billion birr

Addis Ababa, Ethiopia - The Chinese construction giant CGC Overseas, in partnership with two other Chinese companies, has finalized a deal to join the upcoming real estate sector in Addis Ababa… Read more »

Gabby Investments Adds to Long List of Suits Filed against the Forlorn Access

Gabby Investments Adds to Long List of Suits Filed against the Forlorn Access

With an increasing number of legal suits being filed, homeowners are losing hope in revitalising the company. Addis Ababa, Ethiopia – Gabby Investments Plc, a grade one contractor, has become… Read more »

Board Members Seek Government Support in Access Debacle

Board Members Seek Government Support in Access Debacle

Representatives of the central homebuyer’s committee are determined that ARE will carry through with its construction promises. Addis Ababa, Ethiopia - Board members and representatives from the central homebuyers’ committee of… Read more »

City to probe into Access Real Estate’s land holding

City to probe into Access Real Estate’s land holding

Addis Ababa, Ethiopia – The Addis Ababa City Administration Land Development and Management Office has launched an investigation to look into the way that Access Real Estate (ARE) acquired various… Read more »

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