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Company partnered with Egypt Learning Group to introduce HaileyBury School in iCity October with investments worth EGP 500m
There is huge potential for growth in commercial and administrative projects in Egypt, said Mohamed Khaled El Assal, CEO and Managing Director of Misr Italia Properties. Customers’ needs are also constantly changing, and the sector has had to undertake a commensurate adjustment to cater to these needs. It has done so by introducing new and …
Price increases will appear in conjunction with market rebound, return of real demand for property during coming period: Pundit
Although 2020 was a difficult year for all economic sectors, Egypt’s real estate market has managed to absorb the repercussions of the novel coronavirus (COVID-19) pandemic.
Hisham Talaat Moustafa said that talks over launching a mortgage finance initiative for under-development units are very good, but outlook must be broader
Beyond 2021, demand and rents will most likely recover with gains, says Fitch
First phase of Éclat Port Said sold out within three days
Volume of Egypt’s sukuk issuances during 2021 expected to reach over EGP 10bn
Meanwhile, Rekaz Developments CEO Tamer Bakeer said that Egypt’s real estate development companies have resorted to this method for selling and making profits. Consequently, if companies offer the cash-back mechanism, then money placement is the only way to provide a return to the customer.
Essa also said that the company has directed a total of EGP 500m into its projects in the Egyptian real estate market over 2020, which has been distributed over residential and educational projects.
Colliers International has conducted a comprehensive research in Cairo regarding which factors determine price premium. The results for a well-designed mixed-use project could range from a premium of 25% to 45%.
Hussein Sabour, one of Egypt’s pioneer architects and head of Sabbour Consulting, was at the forefront of the real estate developers who nominated Hisham Talaat Mustafa for the title.
The Egyptian consumer’s shifting demographics and lifestyle plays a crucial role in the growth of a city. Not only is the quality of the apartment or villa important, but it is the basic community elements that complete a society and which are a bonus for buyers. This includes the availability of targeted convenience stores, food and beverage (F&B) venues, medical services, and schools.
Mega property exhibition will take place at Egypt International Exhibition Centre, hosting 65 organisations from 4 to 7 November
Company has invested EGP 71bn in property projects in Greater Cairo, Red Sea, and North Coast
The event aims to incorporate highly advanced tech solutions in collaboration with Grand Technology, the leading in tech solutions and systems, enabling the attendees and participants to take part in virtual tours in the projects showcased by the real estate developers.
Company directs investments of EGP 500m in Mokattam’s Business Arena commercial project
Pandemic provides real estate developers with new experiences to deal with any crisis in market, says Tarek Shoukry
Pandemic has encouraged Egypt’s real estate developers to reconsider purchasing trends and new demands customers have for properties
Ongoing construction of 20 new cities across Egypt, in addition to development of 23 existing ones, present attractive investment opportunities
With digitisation the hottest topic of 2020, world is seeing rapid shift to digital experiences and clickable solutions
Company’s marketing team shift its focus more heavily towards digital marketing to enable efficient communication with customers, says CEO El-Assal
New Administrative Capital is natural alternative to expanding in Egypt, and eliminating informal settlements, says HDRIC Managing Director
The company’s sales figures come despite the negative economic impacts and the shaky consumer confidence caused by the novel coronavirus (COVID-19) outbreak in Egypt.
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.
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.
Egyptian government continues to support sectors most impacted by pandemic, with initiatives such as allowing corporates to pay income tax in three instalments
Despite economic implications of current crisis, Egypt’s real estate sector anticipates strong return once crisis is over, says Sigma Capital
Company has EGP 7.7bn liquidity sources, of which EGP 2.7bn is in cash and equivalents