Latest in Real Estate Highlight
Latest in Real Estate
Offering service and commercial area within the project for developers through partnership system, says Association chairperson
2H19 to be stronger, driven by new project launches toward the end of the year
Chairperson of Beta Egypt Alaa Fekri pointed out that Schneider Electric will provide smart home services for the residential units whose owners request to convert their places into smart homes.
Established as a partnership between the New Urban Communities Authority and the Housing and Development Bank, City Edge represents the Ministry of Housing, Utilities, and Urban Communities in the three MoUs, Minister Assem El-Gazzar said.
Grand Plaza directs EGP 220m investments in La Mirada El Mostakbal in 2020
The company to expand in Suez governorate in the coming period
Project includes 24,000 sqm-areas for sale and construction will start in mid-2020
On the rent system, Hawk said that according to a survey conducted on 10,300 Egyptian families, of whom 25% live in housing units with old rent contracts, and 12% live in housing units with new rent contracts. About 12% of the participants in the survey are outside Cairo.
Shoura council building is being designed to be ready after elections, says ACUD chairperson
Abbas added that the contracted company has been working in the Green River area for the past six months.
Company to build another project in the NAC in 2020, says chairperson
Arkan believes in the importance of promoting and sponsoring art and photography projects in Egypt, and the positive impact the art can have on society.
The project is located in R8 neighbourhood in the NAC, near to the service area in the new capital. Its built-up area is 20% and the rest is allocated for green spaces and artificial lakes.
Company plans to deliver Pukka project in New Capital in 2022 and 2023, says chairperson
The NUCA has handed over a 500-feddan plot of land to Emaar in Sheikh Zayed Extension City for another full-service residential project with investments worth approximately EGP 37.8bn and will create more than 70,000 direct and indirect jobs.
The authority aims to implement co-operative housing projects in New Obour, New Sixth of October, and Upper Egypt cities, says Hossam El Din Rizk
Company targets 20%increase in sales 2020, says general manager
The company has sold its first and second phases with total sales approaching EGP 350m, according to Amr Assaf, chairperson of Insight Real Estate.
Total exports of Egypt’s furniture sector are estimated at EGP 30bn, says WoodShow director
Ain Sokhna is the most attractive area for tourism and industrial investment in 2019, says Inland Properties
ERC’s Chief Executive Officer Wael El Hatow stated that the company has completed the required various permits for the project and will be implemented within seven years. Part of the funding is secured through the company’s own resources, along with additional financing from investors.
Misr Italia Properties’ 41-feddan project, La Nuova Vista, in New Cairo has set new standards for the real estate market, he added. The project is fully implemented and already inhabited by residents featuring vast landscape areas for nature lovers, covering 90% of the project area.
Company offers 60,000 sqm- administrative area for sale in Paris malls
Hotel sector in Cairo reached highest performance levels in over 11 years: JLL
Company develops 20 different projects in New Cairo
Company has marketed about 70% of the project, says chairperson
Company sold out the first phase in a short time, says Khamis
Chairperson and Founder of Mountain View – DMG, Amr Soliman, said, “the partnership came after our visit to Silicon Valley and headquarters of Google and Facebook to benefit from their experience in this field.”
During a Sunday press conference, Emara stressed that without establishing cooperation between real estate developers and the state, there will be no new cities, noting that the state builds infrastructure of new areas, which facilitates developers’ work later.
City Edge Developments is the event’s strategic sponsor, and AAIB is the platinum sponsor