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 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!
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