NB Developments — Building Exceptional Spaces in Addis Ababa

The Galleria Vittorio Emanuele II in Milan — the city Milano is named after

Inside the Galleria Vittorio Emanuele II, Milan

NB Developments · Addis Ababa

A design-led real estate developer creating premium residences and commercial buildings in Addis Ababa, Ethiopia.

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01The company

From boutique homes to premium residential towers, NB Developments creates exclusive, design-led properties in landmark locations.

Merging premium construction with architectural artistry, we shape refined living experiences across Addis Ababa. Every project is defined by its unique setting, where elegance, tranquillity and community life flow together effortlessly.

About NB Developments

02Our projects

A portfolio named after the great cities of the world.

Every NB Developments project carries the name of a city whose character inspires it — beginning with Milano. Each new development adds a new destination to the map.

All projects

01In Development
Milano
Named after Milan · Bole Atlas, Addis Ababa, Ethiopia

The glass dome of the Galleria Vittorio Emanuele II, Milan

03Featured project

Milanoby NB Developments

In DevelopmentBole Atlas, Addis Ababa, Ethiopia

Exclusive. By Design.

Set in the heart of Bole and offering a rich combination of spacious living and lifestyle spaces, Milano Residence is designed to elevate the everyday and connect a modern community of homeowners and investors.

Explore Milano

Residences: 38; A boutique collection of only 38 luxury residences
Floors: B + G + 18; Basement, Ground and 18 floors
Residence types: 3; Milano Royale, Milano Prestige and Milano Classico
Location: Bole Atlas; Bounded by Atlas Hotel, London Cafe, Edna Mall and Rwanda Street

04Our approach

A foundation built on experience.

01
Prime and strategically selected locations
02
Contemporary architectural design
03
Premium construction and finishes
04
Functional and spacious living environments

05Experience

Experience that informs every space.

NB Developments is backed by an ownership group and core team with an established track record across construction and real estate — luxury residential homes, commercial buildings and the management of income-generating property.

Our experience

Projects delivered: 11+
Revenues generated: ETB 2.8B+
Residences at Milano: 38

Construction
More than two decades of hands-on construction experience within the ownership group — project execution, supervision, procurement and cost management in the Ethiopian market.
Real estate
Deep familiarity with the Ethiopian property market, including the ownership and management of income-generating real estate assets.
Luxury residential
A track record of delivering luxurious residential homes, now brought together in premium multi-family developments.
Commercial buildings
Experience developing and constructing commercial properties — the discipline of complex programmes applied to every residence.