UAE - 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.

Copyright © 2018 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.