About Us

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About

Who We Are

For over 25 years, the Ethiopian real estate sector has struggled to satisfy the nation’s escalating housing demand in both scale and quality, impeded by fragmented coordination, weak regulatory oversight, and substandard construction practices, and further undermined by unethical conduct among some developers, including misappropriation of funds, project delays, and the provision of inferior housing, which has eroded public trust and constrained investment.

In response, the Ethiopian Real Estate Developers Association (EREDA) was founded in May 2024 and officially launched on June 7 at the Sheraton Hotel in Addis Ababa, under the leadership of Architect Kedir Seid and operational development by Engineer Jebel, uniting 26 founding members across diverse levels of experience and growing to 78 members to date. EREDA serves as a cohesive platform to advance ethical standards, strengthen financial and operational systems, foster technological innovation, and promote coordinated, sustainable urban development, with the overarching aim of restoring confidence, elevating industry benchmarks, and steering Ethiopia’s real estate sector toward professional, transparent, and forward-looking growth.

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About

Objectives

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Restore and strengthen trust between buyers and developers

Promote transparency, accountability, and ethical practices in real estate development and sales.

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Enhance regulatory compliance and consumer protection

Promote transparency, accountability, and ethical practices in real estate development and sales.

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Strengthen real estate developers’ and buyers’ associations

Support the formation and operation of professional associations to self-regulate the sector and represent stakeholder interests.

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Promote collaboration among stakeholders

Encourage coordinated activities among developers, buyers, financial institutions, and government bodies.

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Improve information disclosure and communication

Standardize project information, pricing, delivery timelines, and contractual terms.

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Reduce disputes and project delays

Introduce dispute-resolution mechanisms through associations and regulatory bodies.

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Encourage responsible private sector participation

Build confidence for both local and diaspora investors through predictable and fair practices.

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Support sustainable and inclusive real estate development

Align real estate growth with urban planning, affordability, and environmental standards.

About

EREDA Regulatory and advocacy

The Ethiopian Real Estate Developers Association (EREDA) plays an increasingly important role in shaping Ethiopia’s real estate sector — particularly in regulatory engagement, advocacy, industry standards, and dispute resolution as the market goes through major legal and policy changes. Here’s a clear breakdown of what EREDA is doing in the regulatory and advocacy era of Ethiopia’s real estate environment:

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Industry Representation & Advocacy

  • Lobbying for policy reforms that balance investor protection with industry growth.
  • Acting as a negotiation channel between the sector and policymakers, especially as the government drafts new regulations for financing, presales, and real estate operations.
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Shaping Regulatory Frameworks

  • The sector has been working on rules to regulate presale financing, requiring guarantees for high presale projects and safeguards to limit speculative risk — areas where industry feedback matters.
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Setting Standards & Ethics

  • Establishing codes of conduct and benchmarks for member firms.
  • Supporting transparency and quality in development practices.
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Training, Capacity Building & Expertise

  • EREDA offers training programs, workshops, and professional development aimed at improving member expertise in best practices, compliance, and global trends.

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Dispute Resolution & Industry Cooperation

  • With tighter regulations and more sophisticated legal frameworks, disputes between buyers and developers have become more prominent.

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Stakeholder Networking & Public Engagement

  • Influence policy dialogue positively
  • Align with broader economic and urban development goals
TEAM MEMBERS

Our Team

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Mr. Habtamu Shiferaw

General Manager
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Mr. Tadesse Mekonene

Operation Deputy general Manager
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Mr. Henok Fikadu

Corporate Deputy general Manager
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Mrs. Lidiya Debebe

Performance and Finance Auditor
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Mr. Yibeltal Abiye

Manufacturing Manager
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Mr. Tesfaye Gonitie

Agriculture Manager
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Mr. Yigezu Bantirga

Mining Manager
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Mr. Yigezu Bantirga

Mining Manager
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Dr.Alemayehu dubale

Research,Consulting,Traning and Education Manager
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Mrs. Eyerusalem Girum

Import Export Division Manager
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Dr. Shewaye Temesgen

Training and Education Division Manager