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Old September 17th, 2017, 06:38 PM   #801
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Quote:
Originally Posted by yosef View Post
Wow, certainly exterior building designs are improving...if we are to compare demble city center of the mid 90s to the malls of today (zefmesh, morning star, century)
True but when it comes to malls, the exterior is really not as much a factor as the interior. By this rule, Dembel City Center is still the best mall in Addis albeit being the first---followed by Getu. Because, the shops inside Dembel are more spacious and not so cheap looking like the average mall in Addis. Getu mall has benefited from a recent renovation of its interior which has really brought it to international standards. Laphto is also a preatty decent mall by Addis standards.
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Old September 17th, 2017, 07:44 PM   #802
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malls are dying in the West: people go shopping online.
while they are prospering and literally exploding in developing countries !

will they follow the same path, let's say in 40...years ?
I believe western retailers might find a rebirth in developing countries (10-15 years ahead)

btw, that mall seems impressive : especially the washroom. much better than Bole Airport..
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Old September 20th, 2017, 11:39 AM   #803
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Originally Posted by [email protected] View Post
malls are dying in the West: people go shopping online.
while they are prospering and literally exploding in developing countries !

will they follow the same path, let's say in 40...years ?
I believe western retailers might find a rebirth in developing countries (10-15 years ahead)

btw, that mall seems impressive : especially the washroom. much better than Bole Airport..
I don't think the infrastructure for online shopping (transportation and logistics) exists yet in most developing countries.
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Old September 20th, 2017, 11:49 PM   #804
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Originally Posted by cptjosh View Post
I don't think the infrastructure for online shopping (transportation and logistics) exists yet in most developing countries.
re-read my post carefully :

Quote:
will they follow the same path, let's say in 40...years ?
I believe western retailers might find a rebirth in developing countries (10-15 years ahead)
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Old September 22nd, 2017, 12:07 AM   #805
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Between Intercontinental & Eliliy Hotels, Kazaniches



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Old September 22nd, 2017, 02:26 AM   #806
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Between Intercontinental & Eliliy Hotels, Kazaniches



Is this another hotel? If so, do you have any idea who is building it?
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Old September 22nd, 2017, 03:23 AM   #807
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it is apartment building
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Old September 22nd, 2017, 04:13 AM   #808
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Old September 29th, 2017, 12:06 AM   #809
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MGallery by Sofitel Hotel, Lideta

218 rooms
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Old September 29th, 2017, 06:25 PM   #810
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ADDIS ABABA | *Projects Fact File*

The shopping complex that is part of the country club development is now 70% complete. I believe the picture below is from a few months ago, so construction has progressed since then. This is in the Legetafo area in east Addis Ababa.










Source: CCD twitter
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Old October 11th, 2017, 10:06 AM   #811
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News report talking about the construction sites in Addis Ababa that are abandoned for many years.


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Old October 12th, 2017, 10:23 PM   #812
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News report talking about the construction sites in Addis Ababa that are abandoned for many years.
I don't get it. The title of the news says "unfinished buildings" but the guy is talking about the 130 fenced construction sites in which 24 belong to government and 8 to Midroc..... / or is it just the usual Reporter finger pointing and talking wild about The Sheikh.
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Old October 13th, 2017, 06:20 AM   #813
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Land bid bond amount to escalate to 20 percent

Land bid bond amount to escalate to 20 percent
By Tesfaye Getnet -
October 11, 2017

Addis Ababa City
Quote:
In order to remove fake bidders from the land lease auction, The Ministry of Urban Development & Housing came up with the new draft, requiring bidders to bring a minimum of 20 percent bid bond amount, which is currently set at five percent.
The draft aims to guarantee that the successful bidder will execute the contract and buy the land after paying the down payment for the total price of the land.
If the draft regulation gets acceptance from the Ministry of council, the total Upset price (minimum price set for property offered at auction or public sale) will be increased by 300 percent.
The draft deregulation is the better outcome for Land experts who say that people who place high bids often are hoping to obtain a loan from banks, preventing others who offer big money from snatching away business from them.
As capital reported, frequently many winners in Adiss Ketema fail to show up to the land lease auction, though they have offered high price.
The draft regulation which adds a number of improvements from the2011 proclamation also targets to fully discard the special auction system and allow regional and city administration land bureaus to revise upset price for land lease auction in less than two years.
Furthermore, the draft regulation requires new projects that get land with out tender to submit 30 percent of the total cost in a closed bank book account.
But it allows developers to borrow money from banks, which is currently giving loan for developers based on the lease system paid for the land bureaus.
The draft regulation also incorporates giving lands for farmers and husbandries for home and work in the event that they lose their lands for development purposes and allowing developers to use the side lands near their properties after consultations with administration heads.
Banning developers who transfer their lease without finishing the building construction and auditing land from auction for five years also receives big attention within the regulation.
In addition, it allows land bureaus to use 80 percent of the land selling money for land preparation in another auction.
The draft proclamation allows divorced couples to get out of the lease system and divide their house according to the old system if they owned it before the lease proclamation was ratified in the country, in 1987.
Relocated houses for redevelopment works will get land without the lease system if their houses are under the old land owning system.
But government houses who will be relocated to new areas get land in the lease payment system .
The draft regulation which is under discussion among the public is expected to be ratified in this fiscal year.
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Old October 14th, 2017, 04:20 PM   #814
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Delayed Enat Real Estate nearing completion. I wondar if this project has anything to do with Enat Bank:



The building to left left is also coming out well!



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Old October 14th, 2017, 04:41 PM   #815
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Coffee Plaza finally starts construction:







Like this project, most apartments in Ethiopia are fairly generous in size with bonus rooms and storage. Plus they tend to have windows on various sides of the walls:









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