Elevation Diplomatic Residences

Elevation Diplomatic Residences

Ethiopia

Elevation Diplomatic Residences is a co-development and equity partnership between US based Verdant Ventures and GREA. This 112-unit, international standard, diplomatic residential tower is in the heart of Ethiopia’s capital city, Addis Ababa.

Elevation Diplomatic Residences provides high-quality, secure, and comfortable housing to diplomatic staff.

The building conforms to US and other diplomatic agency structural and security requirements. The design and installation of all utilities meet International Building Code Health and Safety standards for apartment construction.

LOCATION

Addis Ababa

Site Area

6 439m2

VALUATION

US$12.8 million

GLA

2 661m2

GBA

18,215m2 (excl. parking)

Start Date

February 2019

Completion date

November 2021

Occupancy

100%