EDKAHE Real Estate Review in 2024 (In-Depth Guide)

EDKAHE Real Estate Review.

Ethiopia’s real estate market is booming. I don’t know about you, but navigating it can be becoming overwhelming, day-in and day-out. Rimon private limited company organization (the PLC behind EDKAHE Real Estate) is here as the top notch developer.

With the visionary aim of taking it to a greater level, the company was established a decade ago as a family business, engaging in import of various products that have contributed to development and success of its customers and our country as a general. 

Besides the housing sector, electric cable manufacturing and furniture manufacturing plants that are under construction currently will give Rimon all the engulfing strength to generate wealth to the nation of Ethiopia and secure long term sustainable profit to the PLC in charge.

Onto the main part of the content, if you’re considering EDKAHE as your real estate partner in 2024, this comprehensive blog post aims to shed light on their background, apartment projects, and customer experiences, helping you make an informed decision.

EDKAHE Real Estate Contact Information

What is the contact information of EDKAHE Real Estate? Here’s the contact information of EDKAHE Real Estate:

  • Website: https://rimongeneraltradingplc.com/real-estate.html
  • Telephone (Phone Number): +251 911-21-99-16, +251 116 39-28-89, +251 116 39-28-88, or 14236 (short number)
  • Email Address: info@rimongeneraltradingplc.com or yonasayalew4@gmail.com
  • Physical Address (Main Office): Sub City:Bole, Woreda:03, House No.:2210, Addis Ababa, Ethiopia, ABCO Building 2nd & 4th floor, Cameroon Street

About Rimon General Trading PLC Background

EDKAHE Real Estate Website Homepage (by Rimon General Trading PLC)

Rimon General Trading PLC was established in 2005 E.C with a capital of ETB 300,000. The main focus of the business back then revolved around exporting live animals abroad, and it has grown to a capital of Birr 82.7 million shortly in a matter of years. 

Over the decades, the number of employees, office facility, asset and goods, brand equities, and vision and mission has grown tremendously as well. When we turn that into an actual percentage, statistically from its establishment that equates to 300% growth.

The annual turnover of Rimon, financially, has grown from Birr 31.42 million to Birr 1.594 billion in the following six years. What’s more, it has shown an average increment of 83% per annum during the last five years (2017 -2021 G.C) with the total asset size of an annual average increment of 126% during the same period.

In line with the above data, the number of employees, brand and goodwill of the company have boosted proportionately all the way through. Their inclusion on a job listing platform suggests that right now their focus leans more towards construction or real estate. Let’s see what they brought us!

Projects and Apartments by EDKAHE Construction PLC

With different development sites located around Addis Ababa, Rimon is a legally established organization and has a strong and fast growing track record. Likewise its head office is located around Bole Square in front of Brass Hospital, first floor of ABCO building.

Piecing together the apartment projects of EDKAHE Construction PLC or Real Estate, we found out that they are relatively new players in the market, making it difficult to assess the types of properties they handle (residential, commercial, or both).

Anyways, it is already engaged in the business, and it has an ongoing/completed luxurious, affordable and spacious apartment for selling as well as rental properties. Currently, they are also expanding their sites to many locations within the city of Addis Ababa.

Project 1: -B+G+6 Apartment Building.

EDKAHE Real Estate Project 1: -B+G+6 Apartment Building.

The B+G+6 Apartment Building is a 500 meter square plot area project that is located at the site of summit house. It holds -24 units, and it comes with 12 two bed rooms and 12 three bed rooms.

Project 2: -2B+G+6 Mixed-Use Building.

EDKAHE Real Estate Project 2: -2B+G+6 Mixed-Use Building.

The -2B+G+6 Mixed-Use Building is a 230 meter square plot area project that is located at the site of atlas hour. It holds -12 units, and it comes with 12 three bedrooms in the building.

Project 3: -2B+G+10 Apartment Building.

EDKAHE Real Estate Project 3: -2B+G+10 Apartment Building.

The 2B+G+10 Apartment Building is a 3000 meter square area project that is located at the site of Bulbula house. It holds -120 units, and it comes with 12 two bed rooms and 12 three bed rooms.

Pros and Cons of EDKAHE Real Estate

What are the pros and cons of EDKAHE Real Estate? Here’s the pros and cons of EDKAHE Real Estate:

Pros:

  • Great customer service: Gauging customer service responsiveness, it proves to be the best choice. In fact, it has played a major role in the betterment of its client and in the industrial revolution of Ethiopia as fields of Food and Beverage Industry raw materials like Malt, Hops, Sugar, Barley, and Yeasts.
  • Renowned in the export sector: Based on current quality, demand, and availability, Rimon General Trading Exports Ethiopian Live stocks (Sheep, Goat, Camel, and Cattles) from its quarantine center in Adama, Nazareth and Borena, Oil seeds, Cereals, Spices, and Coffee to different countries of the world.
  • Potentially new company: Obviously, newer companies can offer fresh perspectives and competitive pricing. To their chosen customers, the company, besides exporting top quality coffee from diverse regions like Yirgacheffe, Sidamo, Guji, Harar, Limmu, Wolega & other regions, its price is definitely worth it.

Cons:

  • Limited online presence: Sure it imports various sensitive medical equipment tools, and supplies like Laboratory supplies, Lab reagents, and Testing kits for industries, factories, medical centers, and other companies based on their requirements. Yet, lack of robust online profiles raises transparency concerns.
  • Unclear project portfolio: Ethiopia is the world’s largest chat exporter, and it is a major contributor to the economy. EDKAHE has recognized as exporting chat product from eastern and southern parts. Still, for the real estate business, we are unable to assess specific project types, hindering informed decision-making.

Prizes and Achievements dedicated to EDKAHE Real Estate (by Rimon General Trading PLC)

Prizes and Achievements dedicated to EDKAHE Real Estate (by Rimon General Trading PLC)

As one noticeable achievement, Rimon General Trading PLC imports various kinds of packaging materials for the food and beverage industry as per the customer’s order of Ethiopians. To name a few; Pallets (Plastic and Wooden), Synthetic closure, Ink & Make up, Crown corks, Labels, and Bottle.

The steel industry of Ethiopia has recorded high growth rates with a fast increase in its demand in the construction industry. And Rimon is working to bridge these demands by supplying reinforcement steel bars that fulfill the client’s needs through flexible supply of all types of premium quality.

By collaborating with the best in the business, it is also offering quality chemical products utilized in different industries like cleaning chemicals, basic chemicals for soap and detergent, textile chemicals, and other mainly for manufacturing and food & beverage industry.

On the other hand, it has involved in different bottling accessories for different food & beverage industry to facilitate their needs and their requirements via importing different bottling machineries and accessories like CCT & BBT Tanks, Krones Line Packer, Palletizer, Washer, Labeler, Filler, etc. 

Currently, they are also importing Vehicles, and Machine Spare Parts from Korea, Japan, UAE, Europe and China. Of all the prizes though, the Testimonials and Certificates (Silver and Gold) provided to them from the Ministry of Trade & Industry, CBE, COOP, and Global Bank of Ethiopia stands out.

Customer Reviews and Client Feedbacks

Rimon’s mission is to provide high quality products and services to the customer with highly skilled professionals. By doing so, they’ll keep sustainable competitive advantage in all the diversified business conglomerates, so it can add tremendous value to its internal and external customers and stakeholders as well.

Such conglomerate diversifications are what will commence operation in the next financial year, helping them to become one of the top reliable business companies in Africa by the year 2030. Besides their import/export, tour and travel, and manufacturing, we hope they’ll bring that to the real estate sector. 

Committing to adding a substantial value over the export of live animals, where it plans to provide export abattoir in the near future, the company is growing with its internal and external customers through professional and dedicated aim of delightfulness. 

In short, Rimon’s mission is to grow in a diversified but managed way to bring sustainable profit to the company. They do that fearlessly with core values of integrity, respect, diversity, excellence, team-work, customer-focused, employee-oriented, continuous-improvement, and corporate social responsibility (CSR).

Overall EDKAHE Real Estate Reviews:

Overall, the Ethiopian real estate market offers exciting opportunities. However, choosing the right partner with thorough research is crucial. This is where EDKAHE Real Estate might hold some potential, despite poor project details making it difficult to recommend them at this point. 

To find the ideal real estate partner for your Ethiopian property journey, consider asking suggestions, and doing due diligence. If you do so, a well-informed decision paves the way for a successful real estate experience, and best of all come across with a transparent operation company.

Rimon, the company behind EDKAHE, surprisingly is a well recognized globally (like KSA, Yemen and Egypt) for import/export products of live animal, Chat or Khat, sesame, and import of various items including raw packaging materials, chemicals, aluminum, iron road, vehicles, machineries, spare parts, edible oil, household items, medical equipments, and food items. 

As we talked in this post, the business has made concentric diversifications by moving into real estate development, electric cable manufacturing, furniture manufacturing, mining treasures, granite and marble, agriculture, and mineral water production, contributing its share for the growth of Ethiopia.

For more, if you want the best deal, affordable price, as well as the best real estate location, call me by the phone +251948879335 or send me a message by the email onlinemoneyspinner.com@gmail.com — as I’m the best Real Estate Agent in Addis Ababa, Ethiopia.

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