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Addis Ababa – Ethiopia: City Snapshot

The real estate market thrives at the back of a growing economy as well proactive governmental infrastructure spend. The upgrading of the road networks, expansions to Bole International Airport and the introduction of a light rail system at the end of 2015 have attracted the development of all real estate asset classes in areas around the Bole International Airport. The market is still largely driven by the state and local developers, with Chinese developing company, Sinomark Real Estate among a handful of international companies with a presence in the market.

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