Ayat's Corporate Profile

Ayat Real Estate Development Enterprise is a private limited company founded in 1989 Ethiopian calendar. The realization of the complex housing problems in Addis Ababa become the stepping - stone for the foundation of Ayat PLC as the pioneering real estate developer in Ethiopia. In a developing country like ours, it is not only the last population growth, space congestion, and price inflation of land that impose difficulty of home ownership: the increasing cost of living and the weak earning capacity of population makes it extremely difficult to afford a home. Necessities - home ownership by addressing these problems, Ayat PLC makes it its mission to give solution to one of life's basic necessities.

With vast unmatched experience of building more than 2,000 homes, this pioneering Real Estate Developer has now acquired the most experience of building residential homes than any developer or contractor in Ethiopia! Our development site has grown so fast and so wide visitors and workers alike are impressed that there is such development in our country. It's truly a breath-taking site to see the process of building a city within a city.

To control the growing price of construction, Ayat has acquired small and large factories that produce building materials such as concrete hollow blocks, terrazzo tiles, marbles, prefabricated slabs, walls and septic tanks, metal doors and windows, wooden doors and cabinets and much more. In addition, we tried to be more self-sufficient and pass on the savings to you by acquiring machineries, transport vehicles and aggregate stone crusher machinery with quarry.

Furthermore, we are proud to inform our readers that Ayat PLC is founded by Ethiopians, run by Ethiopians and has become an asset to its country by employing anywhere from 4000 to 5000 Ethiopians from upper management all the way to contract laborers. Foreign officials who visit our site who know about real estate in Africa are impressed about this fact because they testify that other real estate development in Africa large or small, has never been undertaken without the partnership of a foreign company!

Ayat is not only the largest construction company that's building residential homes with the biggest vision for its customers and its country; it has also become the moving force for the big industries of our country such as the brick, cement, metal, paint, various wood industries and much more because of our large material requirement.

As far as our site location the founders of Ayat chose the fastest growing area in Addis Ababa-in Kotebe district 11km east of Masquel Square with beautiful panoramic view of vast open land, rolling hills and graceful mountains, for the visionary community of Ayat Town . The master plan of this modern community has its own transportation system, health facilities, school, shopping centers, recreation areas and so much more. Therefore, when it comes to the best price, location, accommodations and potential of future developments, we are certain you won't find a better deal for your money than you would with Ayat.

The next time you are in Addis make sure you come and visit our site and see for yourself why we are the pride and asset of Ethiopia . We know you too will be proud of our accomplishments.