Real Estate

imported 2024-03-17 17:43:07

Developing the real estate market in Addis Ababa — GIFT Real Estate

Gebreyesus Igata, Owner and General Manager of GIFT Real Estate Company
GIFT Real Estate Company was established 9 year ago and is currently developing 160,000 square meters of land in the eastern part of Addis Ababa. The project entails construction of villa houses, townhoses and different apartment houses. While 70% of the are has already been developed, Mr Igata expects to develop the rest within the next three years.

Biggest Project in Iraq — The Empire World: Exclusive Interview

Empire World’s Marriott Hotel will be a unique hotel catering for needs of all visitors of Erbil, including business travelers. Peshraw Majid Agha has a positive outlook for the real estate in Erbil, which is now one of the most important cities in Iraq for businesses. The prices in Erbil are increasing and investments are flowing into the region at a substantial rate. Peshraw Majid Agha also discusses the other divisions of Falcon Group: Falcon Oil & Gas and Falcon Security.

Real estate in Ethiopia growing by 25% | Role of private real estate companies in Ethiopia

Ethiopia Top Stories
Real estate in Ethiopia growing by 25% | Role of private real estate companies in Ethiopia
The increasing number of emerging middle incomers has increased the demand for real estate development. A 2010 study by the Africa Development Bank shows that Africa’s middle class has increased to 34%, an increase of 27% from the 1980s, and Ethiopia is not considered to be an exception. Given that the government cannot address the need for the increasing demand for real estate on its own, it allowed a number of local private investors to become the major actors in the development of real estate in Ethiopia.

Scroll to top
Close