Latest in Real Estate Highlight
Latest in Real Estate
Mortgage Finance Fund did not provide any funds during April, says FRA
The plan aims to maximize the value of the company, and make good use of the HHD land portfolio. The new plan includes clear mechanisms to develop the company using self-resources, in addition to partnership agreements with some developers, similar to the recent agreement with SODIC to develop 650 feddan in New Heliopolis.
Think Commercial online session will take place, with participation of real estate developers, on dealing with coronavirus crisis
Daily News Egypt sat down with Sherif to learn more on the company’s plans and vision regarding Egypt’s real estate market.
Mortgage finance is safe haven for real estate investments in current period, says Abdel Hamid
The offers come as part of a limited tender to choose a contractor for the project’s construction. The tender’s envelopes are scheduled to be opened early next week, Khalil said.
Egypt is embarking upon massive projects and will transform North Coast into global tourism centre, says Emaar’s Alabbar
Al-Asmarat comprises a total of 7,440 fully-furnished units with basic amenities, including educational, health, social, religious, and recreational facilities.
Egyptian government continues to support sectors most impacted by pandemic, with initiatives such as allowing corporates to pay income tax in three instalments
Company has received 25 requests to obtain land in NAC, which are currently being considered, says ACUD official
El Mostakbal Chairperson Essam Nassef said the Tahya Misr Fund plays a pivotal role in mitigating the pandemic’s repercussions. He also praised the Egyptian government’s efforts in alleviating the impacts of the virus whilst also preserving the health and safety of the country’s citizens.
NIS Schools will apply blended learning system featuring online, traditional face-to-face learning
A total of 197 villas were sold in the first phase of the project through the company’s in-house Sales Division team, without the use of broker shares, he elaborated.
Built as a complex of stacked townhouses, the Kensington project offers five exclusive units, replicating the English living experience with private backyards and rooftops. The project is located in the West Gold Extension neighbourhood of New Cairo.
Decision ensures users can make informed switch to IQOS as better choice to smoking
The company, which has been an innovating force in online real estate exhibitions since 2018, said that in previous exhibitions, 100% of participants succeeded in achieving online reservations.
Of the projects that are set to be delivered, about 30 units are located in the Fifth Settlement in New Cairo, including Andalusia, Bait Al Watan, Lotus and Al Narges.
Company eyes EGP 700m in sales by year-end
Considering mortgage finance option is important to boost sales, says Inertia CEO
Despite economic implications of current crisis, Egypt’s real estate sector anticipates strong return once crisis is over, says Sigma Capital
Project will see ACUD take 55% stake, against 45% for AWWC, says Abdeen
During a tour for journalists of the project site on Sunday, Farag added that the Lafayette Mall is the first commercial project to be launched inside the downtown area. It includes six floors with built-up areas ranging between 35-40% of the total project space.
Upcoming fiscal year will see EGP 700m invested in residential projects, in addition to developing safer living conditions
All precautionary measures undertaken at project sites to preserve health and safety of employees and to ensure continuity of construction
The all-new 4-in-1 villa delivers on four main criteria usually only available in mansion living but which have been made available in attainably sized homes.
The syndicated credit facility will partially finance the investment cost of Hacienda Bay, one of the real estate developer’s major projects in the North Coast, according to a statement to the Egyptian Exchange on Thursday.
Company plans to develop new Amorada project in New Administrative Capital, says Chairperson
The new phase, close to the Central Bank of Egypt (CBE) headquarters, includes 38 units covering 3,000 sqm in selling area, with selling areas starting from 48 sqm.
Awarding and contracting will take place by 2020 end, says Nassef
Real Estate Development Chamber’s cooperation with Banque Misr will overcome global health crisis, says chamber chairperson