Exclusive Interview with EL-HAJJAR Enterprises
“H.E.C Holding has been in business since 1959. When the younger generation took over ten years ago, it was changed into a corporate company, an S.A.L, and we created the holding arm.”
imported 2024-03-17 17:43:07
“H.E.C Holding has been in business since 1959. When the younger generation took over ten years ago, it was changed into a corporate company, an S.A.L, and we created the holding arm.”
Gebreyesus Igata from GIFT Real Estate claims it is high time for investors to come and take part on the real estate developments in Ethiopia; the demand is there.
70% of the land acquired by GIFT Real Estate in eastern Addis Ababa is already developped.
Sky Gate will be the highest building in Beirut. It has been structurally completed and it will be delivered in the later part of this year. It is going to be the most luxurious building in Lebanon if not in the Middle East.
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.
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.
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.
Karim Ibrahim gives his assessment on the real estate sector in Ghana from a foreigner’s point of view and mentions some of his projects. One of them is The Octagon, a business center currently under construction, located in the heart of Accra Central.
Ibrahim Bah gives his assessment on the real estate sector in Ghana and presents Regimanuel Gray, a real estate development company born as an international joint-venture. Mr. Bah also mentions some of the company’s main projects and shares his vision for the future of Regimanuel.
Ibrahim Bah, Managing Director of real estate development company Regimanuel Gray, talks about the construction industry in Ghana and mentions some of the company’s competitive advantages, such as the importance of focusing on quality.