Latest in Real Estate Highlight
Latest in Real Estate
The company is still preparing the joint wind measurement campaign, along with other shortlisted bidders for the 250 MW West Nile wind tender
Chairperson of the CABW Abeer Essam revealed that the conference aims to strengthen the confidence in the real estate sector by providing a distinct and balanced investment environment to support this vital sector.
Fikri said that the modification is a precautionary measure to preserve interests of the clients and their investments, as well as to complete the project as soon as possible. It is also meant to abide by the contracts with customers and deliver the units with the highest possible quality.
The company eyes EGP 5bn in sales of its projects by year-end, says chairperson
Project’s target sales EGP 1.5bn, says Brickzey chairperson
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
Company celebrates launching its first branch in Egypt
Mountain View eyes approximately EGP 8bn in sales of 1st phase of co-development in New Cairo, says Chairperson
At the exhibition, Makadi Heights and El Gouna will offer a wide range of properties suitable for all customer segments, including families.
Ezzat said that the proportion of commercial and administrative sales reached 40% to 50% of the sales.
Company invested EGP 200m in Golf Corner Mall
Furthermore, he pointed out that the banking and real estate sectors are currently the main supporters of the Egyptian economy, where the growth rate of the real estate sector has always been greater than the growth rate of the GDP–an indicator of the strong performance of Egypt’s real estate sector.
Edris said that the company took a step to implement an integrated urban project in New Assiut city after conducting extensive studies which proved the existence of real demand and great purchasing power in the city.
Arkan Engineering Consultancy has been assigned for project’s consultancy work, says LGD chairperson
Company plans to expand in West Cairo area during the next phase, says chairperson
Company studies obtaining 35-feddan land in Minya or Assiut to develop new mall
Ammar completed the first phase three months ahead of schedule, Essam said, adding that the project is built on an area of 3.5 feddan in the Sixth of October City and comprises of 156 large and small housing units.
Company to deliver 1,900 units in 2 projects next year
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
El Hag added that the buying and selling movement in H1 of the current year was weak and unstable, but H2 of the year is booming and the company aims to reach sales volume of EGP 350m during 2020.
Fouad added that the company intends to launch the project by the end of the current year, noting that the company plans to complete the project marketing within two years.
The Estates project to be launched in September
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson
Held under the patronage of the Prime Minister, Mostafa Madbouly, The Big 5 Construct Egypt is Egypt’s largest construction event, providing a platform to foster industry best practices, business and investment opportunities in Egypt.
Company targets EGP 1.5bn sales year-end
Securitisation, discounting transactions of gross receivables portfolio of EGP 1bn during Q4 of 2019
El Sayed said that the first phase of the project spans over 4 feddan and comprises of approximately 550 units with varying spaces ranging from 50 to 110 sqm, in addition to an entertainment area and swimming pools.
He revealed that 60% of the project’s sales is for non-Egyptians. Additionally, the company plans to be present at the Everest real estate exhibition in Kuwait in October.
Paris East Mall’s sales exceeded EGP 1bn, says chairperson
The company targets marketing the project within six months with prices ranging between EGP 40,000-80,000 per sqm.