The Homes Real Estate Company has concluded a three-day exhibition in which 25 Egyptian real estate developers participated, receiving notable feedback and substantial demand from customers.
Homes Real Estate Chairperson, Mohammed Obeid, said exhibitors showcased a variety of projects at the New Administrative Capital (NAC), the North Coast, New Mansoura and Obour City.
Obeid added that the exhibition saw strong demand from clients, with a significant number of projects presented to meet the needs of a large number of customers.
He noted that the exhibition took place to stimulate the real estate market and to highlight the role of demand in maintaining market sales. It was also designed to maintain the sector’s business, despite the ongoing coronavirus (COVID-19) crisis.
The exhibition was an opportunity to identify the most up-to-date customer needs in terms of residential units, Obeid added. These needs are likely to have changed in the past few months, due to social distancing measures recently put in place, and more employees working from home.
He affirmed that all precautionary measures were put in place during the exhibition to preserve the health and safety of all exhibitors and visitors. These measures were outlined by the government, which allowed the return of exhibitions and conferences in various sectors in Egypt following the Eid Al-Adha holiday.
The participating real estate companies have successfully achieved a significant amount of their selling targets in the past period, despite the global health crisis, Obeid pointed out.
As the Egyptian government allowed the resumption of exhibitions and conferences, it is expected that many companies will be able to achieve their sales targets for the year.