realestateinethiopia

Noah Real estate inaugurates 754 residential units

Noah Real estate inaugurates 754 residential units

Noah Real Estate PLC Celebrates 10-Year Anniversary with Grand Inauguration of 754 New Residential Units in Addis Ababa. On a momentous day, Noah made history as it reached a milestone of serving more than 8,000 families in Ethiopia over the span of a decade. This remarkable achievement marks a significant step forward in the development of urban areas in Ethiopia. “This journey has positioned the company as a key player in Ethiopia's housing sector, greatly contributing to national development goals,” said Nituse Awgchew the CEO of Noah Real Estate “Celebrating the newly inaugurated residential complex at Noah Green Park Site…
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Addis Ababa rules to build 100,000 homes in a year

Addis Ababa rules to build 100,000 homes in a year

An agreement was signed to build 100 thousand houses in Addis Ababa The houses will be built by 68 real estate developers and the government has agreed to provide land for free. The construction of housing is going to be carried out by the real estate developers selected by the Addis Ababa city administration through a public-private partnership project, at a cost of more than half a trillion birr. According to reporter news paper, the selected 68 real estate developers to participate in this program. The real states have signed a contract with the city administration to carry out the…
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Flintstone Real Estate offers 10 million shares for sale

Flintstone Real Estate offers 10 million shares for sale

Flintstone Homes, one of Ethiopia's biggest real estate companies, has announced that it will build 10 thousand houses in the next five years. Flintstone Real Estate, which has been involved in the home building and construction industry for over 30 years, has announced that it will offer 10 million shares to the market. The founder and manager of Flintstone Real-estate, Engineer Tsedeke Yehune, said that shares worth from 20 thousand birr to 2 million birr were offered for sale.  The manager added that the price of one share is 1 thousand birr. The sale will start next July and the…
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