Eagle Hills expands to Ethiopia

La Gare is an integrated community comprising residential, commercial, hospitality, retail and leisure facilities in a setting surrounding a park.

abu dhabi - Developer unveils one of the largest mixed-use developments in Ethiopia

By Staff Report

Published: Mon 19 Nov 2018, 7:41 PM

Last updated: Mon 19 Nov 2018, 9:42 PM

Eagle Hills, an Abu Dhabi-based private real estate investment and development company, has ventured into the Ethiopian market with the launch of La Gare in Addis Abiba. It will be one of the largest mixed-use developments in Ethiopia, offering more than 4,000 residences.

The developer organised a launch event in Addis Ababa La Gare train station, after which the project is named.

La Gare is an integrated community comprising residential, commercial, hospitality, retail and leisure facilities in a setting surrounding a park. The development spans approximately 360,000 sqm in proximity to the Addis Bole International Airport, with a rail line running along its northern edge.

Mohamed Alabbar, chairman of Eagle Hills, said La Gare is set to contribute to the local market by creating jobs, further bolstering market sentiment and energising the economy.

"La Gare is a project of passion that will be developed on a land of heritage. It will be built upon the historical grounds of La Gare train station that has stood the test of time, and with our project, will live in people's collective memories for even longer," Alabbar said.

- business@khaleejtimes.com