Reportage Properties and Ethiopian Army Foundation Launch 1,086-Unit Addis Ababa Project
UAE-based Reportage Properties, in partnership with the Ethiopian Army Foundation, has commenced construction on a 1,086-unit mixed-use development spanning 23,000 square metres in Addis Ababa.
A significant mixed-use development has broken ground in Addis Ababa, Ethiopia, thanks to a partnership between UAE-based Reportage Properties and the Ethiopian Army Foundation. The project will encompass 1,086 apartments and approximately 15,000 square metres of commercial space within a total area of 23,000 square metres.
The development plan includes two residential towers, complemented by retail areas, recreational facilities, and landscaped green spaces, as announced by the partners at the groundbreaking ceremony. This collaboration highlights the expanding economic and investment ties between Ethiopia and the United Arab Emirates.
Martha Luwigi, Board Chairperson of the Ethiopian Army Foundation, stated that the project is expected to create new jobs, enhance living conditions, and facilitate the transfer of valuable construction technology and expertise into Ethiopia. The Ethiopian Army Foundation manages commercial and development investments on behalf of the Ethiopian National Defense Forces, channelling proceeds into welfare programmes for military personnel and their families.
Reportage Group Chairman Aref Ismail Al Khoori affirmed the company's commitment to investing in Ethiopia and developing local projects. Andrea Nucera, Chief Executive and Group Managing Director of Reportage, noted that the company already employs over 70 people in Ethiopia and plans to operate as an Ethiopian entity. Headquartered in Abu Dhabi, Reportage Properties has an extensive portfolio with developments across 25 countries in the Middle East, Africa, and Europe, including Egypt, Morocco, Turkey, and Italy.
Questions, answered
- What is the scope of the new Addis Ababa development?
- The project covers a total area of **23,000 square metres** and includes **1,086 apartments** alongside approximately **15,000 square metres of commercial space**.
- Which companies are collaborating on this project?
- The development is a partnership between UAE-based **Reportage Properties**, headquartered in Abu Dhabi, and the **Ethiopian Army Foundation**.
- What specific facilities will the Addis Ababa development include?
- The project will feature **two residential towers**, retail areas, recreational facilities, and landscaped green spaces.
- What is the role of the Ethiopian Army Foundation in this venture?
- The Ethiopian Army Foundation is an investment institution that manages commercial and development investments on behalf of the Ethiopian National Defense Forces, with project proceeds supporting welfare programmes for military personnel and their families.
- Where else does Reportage Properties have international projects?
- Reportage Properties operates in **25 countries** across the Middle East, Africa, and Europe, including projects in **Egypt, Morocco, Turkey, and Italy**.
This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.
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