Verdant Ventures
A real estate development company specializing in diplomatic housing in Africa.
Verdant Ventures’ vision is to provide diplomatic real estate projects that create safe environments for diplomats, flourishing workers, and delighted investors.
Verdant Ventures is led by a world-class real estate development and investment team with decades of combined on-the-ground operational experience in Africa.
There is an urgent need for quality, safe and secure diplomatic staff housing across Africa. In response to increasing demand from major embassies, the Verdant Ventures’ team will build diplomatic housing with high return expectations for investors. These are projects backed by significant demand (either anchor-leased by US Department of State, other European and North American embassy tenants, or blue-chip multinational companies and multilateral organizations), low competition, extensive pan-African project experience and deep local relationships.
The first project, Elevation Residences in Addis Ababa, Ethiopia has been fully funded, is under development, has secured the US Department of State as a major tenant, and has an expected completion date in 2021.
A 112 unit diplomatic spec residential tower in the heart of Ethiopia’s capital city, Addis Ababa. It is located in a city that is host to over 130 diplomatic missions, and when completed this project will be the only security and international construction standard compliant housing development available for consular level staff in Ethiopia.
