Why GrandView Addis
MARKET OPPORTUNITY
Grandview Addis is an award-winning design for the African-category by the International Property Award (IPA).
Grandview Addis is capitalizing on an urgent and growing demand for high-end, secure, luxury housing and offices in a city that hosts over 130 diplomatic missions, multinationals and a fast-growing number of young professional and upper-middle class residents.
At the core of Grandview is a focus on bridging market needs to tap into new opportunities for growth.
While working at Grandview allows businesses access to a world of amenities and convenience, more importantly anchors them to the city’s most prestigious address.
As the first mixed-use development within a stone’s throw of the Bole Airport, Grandview’s multifaceted offering allows investors to benefit from the value premium associated with mixed-use offerings in the country, often as high as 40% over single-entity projects.
WINNING ASSET CLASS
Real Estate has been a favoured asset class in the Ethiopian context, for historically surpassing the stock and bond markets. In 2019, real estate return on investment globally also significantly outperformed gold and crude oil, yielding average annual returns of 16.16% per annum (rental and capital yield) in the period 2005 – 2018.
REGIONAL GROWTH
As global growth bottoms out, Sub-Saharan Africa is emerging as the last frontier for economic growth,
Projected to grow at a rate of about 4 % in 2020. Of the constituent countries, Ethiopia is already a favoured location for numerous AU, UN, NGOs and multinationals.