Latest in Real Estate Highlight
Latest in Real Estate
Authority to start building 150,000 housing units in some new cities
New launches come after successful delivery of Phase I in IL BOSCO ahead of schedule in 2020
The cooperation protocol aims to provide the luxurious real estate project “90 Avenue”, located in the Fifth Settlement
Fund’s board approves guideline for complaints and suggestions which will be published on its website
NETFLAT is a new and innovative furnished net area flat without any utilities load, stated Minka Development CEO Abdallah Sallam.
2-year transitional period given for community dialogue over Real Estate Registry Law
Company plans to distribute EGP 648m cash dividends for second consecutive year
MNHD continued delivery of outstanding operational performance and financial results, says CEO
Company denies withdrawing plots of land from any developer
Egypt’s real estate investment and urban development account for 16% of GDP
New FDIs will be injected in Egypt whether through mergers or acquisitions
Bella Vento is made up of 1,100 fully-finished units subdivided into chalets, villas with spaces ranging from 100 sqm to 220 sqm
Company announces it ended year on net sales of EGP 6.2bn
Company is particularly interested in Egypt’s North Coast region
Only recognition of property sale operations will be through official registration at notary public offices
MAVEN Developments and AXA General Insurance, one of the world’s largest insurance companies, have signed a partnership agreement to provide insurance services to unit owners at Baymount Sokhna developments.
MG Developments is set to launch its Promark project at the New Administrative Capital (NAC), with estimated investments of EGP 1.2bn.
The real estate developer, Babylon Urban Development, has signed strategic partnership contracts worth EGP 1bn with a number of companies to construct, design and manage its two office projects in the New Administrative Capital (NAC).
Universities to prepare facade designs for new buildings in various governorates
The Real Gate Exhibition, Egypt’s first hybrid real estate exhibition and conference, is set to take place at the Egyptian International Exhibition Center (EIEC) in New Cairo from 25-27 March.
NAC will have strong impact on revival of real estate sector
Amorada residential project was launched in Q1 of 2018, with delivery planned by 2022 end
Project consists of two towers dedicated to commercial, administrative activities in NAC’s Downtown area
Two projects are Lafayette Mall in Downtown area, Zaha Park project in MU23
The Construction and Design (Constec) company has unveiled its expansion strategy for 2021, which includes inking a plethora of contracting agreements for new projects worth EGP 3bn.
CI Capital expects project’s housing unit sales would record about EGP 826bn
Skyscrapers will be self-financed from NUCA’s resources
The Saudi-Egyptian developer, AlTameer Arabian, will launch its third project, Rivan Tower, at the New Administrative Capital (NAC) in March, with EGP 1bn in investments, according to CCO Ahmed Osama.
Egyptian leader asserts his country’s supports for interim Libyan government
Exhibition supports states approach to promoting development projects, particularly in NAC