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UAE’s Eagle Hills forays into Ethiopia, unveils La Gare project

UAE’s Eagle Hills forays into Ethiopia, unveils La Gare project
UAE’s Eagle Hills forays into Ethiopia, unveils La Gare project

Mubasher: Eagle Hills, a private real estate development company based in Abu Dhabi, announced its entry into the Ethiopian market, launching its 360,000-square-metre project La Gare.

Offering over 4,000 residential units, the La Gare project is a mixed-use development in the heart of the Ethiopian capital of Addis Ababa.

The downtown development is located near the Addis Bole International Airport, with a rail line running along its northern edge. La Gare is anchored by four and five-star hotels, along with retail outlets, offices and residential buildings, Abu Dhabi-based Eagle Hills revealed.

The Emirati real estate developer announced the mega project at an event held in the presence of Ethiopia’s Prime Minister Abiy Ahmed at the Addis Ababa La Gare train station, after which the project is named.

“In addition to creating a brand-new skyline and city centre, La Gare is set to contribute to the local market by creating jobs, further bolstering market sentiment and energising the economy,” Eagle Hills’ chairman Mohamed Alabbar said while presenting the masterplan.

The residential towers, which are situated around the development perimeter, forming a large central landscaped zone, along with central commercial office buildings are arranged symmetrically around a central arrival driveway, Eagle Hills added.