For Sale or JV: development site in Addis Ababa

Presenting an opportunity to acquire or joint venture on a 1,100 sq. m. (11,840 sq. ft.) development site in a strategic Addis Ababa location. The parcel is situated directly opposite the VIP entrance of Bole International Airport, the busiest aviation hub in Ethiopia and the 3rd largest in Africa.

This undeveloped land offers high visibility and "Any Use" zoning, permitting hotel, residential, commercial, or flagship mixed-use development. The site has a significant density approval with a minimum height allowance of G+12 (Ground + 12 stories), enabling a large-scale landmark project.

The investment thesis is underpinned by historic market tailwinds:

Explosive Growth: Ethiopia is Africa's fastest-growing economy (7.2% GDP growth projected for 2025).

New Law (Global Exit): A landmark 2025 law now permits foreign nationals to purchase completed real estate, unlocking a new global, hard-currency customer base and de-risking the exit strategy.

Enduring VIP Hub: While a new mass-market airport is planned, Bole is set to remain the primary, in-city hub for all high-level diplomatic, government, and business travel.

Structural Demand: The market is driven by a massive housing deficit, with annual demand in Addis Ababa (480,000+ units) far outpacing new construction.

The seller is offering a flexible deal structure, welcoming proposals for either an outright sale or a joint venture (JV) partnership. This is a chance to define a key piece of the Addis Ababa skyline, backed by unprecedented new market demand.