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Diversification is key for Egypt’s real estate sector
Upward movements within a transverse range await more new catalysts
The West and East Cairo regions had the highest percentage of companies investing in the commercial sector during the past year, followed by the New Administrative Capital (NAC).
Companies focus on exhibiting commercial units
Property developers will showcase their projects at the third edition of NextMove, powered by Cityscape Egypt, the latest consumer property show in Cairo, offering a holistic platform where homebuyers and investors can get all the information they need to buy their first home, holiday home, or source exclusive investment opportunities all under one roof.
He added that, despite the increase in unit supply in the local market, real estate companies continued to be successful during the first quarter of 2019 due to the increase in local and foreign demand for properties in Egypt.
Real estate exhibitions are a destination dedicated to all those looking for opportunities to move to a new housing or investment opportunity in the constantly rising real estate market.
El-Sayed said that the company aims to expand the marketing of residential, administrative, and commercial projects during the coming period.
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.
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
Company estimates that Bay Village and Bay Condos will be completely delivered by 2023
Company celebrates launching its first branch in Egypt
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.
NUCA, Palm Hills, Raya Holding closet to implementation
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson
Company targets EGP 1.5bn sales year-end
Launch of 3rd phase of O West project in September, says Bishara
“We must increase the issuance of an integrated plan for property export and coordination between all parties to promote this industry,” he explained.
Development of New El-Alamein taking place at unprecedented rates
Promoting Egypt as a destination prerequisite for property exports
State focuses on overcoming any obstacles facing investors working in New Alamein city
The Big 5 Construct Egypt 2019 exhibition will be held in September, with a total area of 20,000 sqm
ALDAU Village Mall to be completed next year
Company launched 4th phase of Agora Sidi Abdel Rahman project in mid-July, says Commercial Director
Mountain Plaza’s investment amounted to EGP 500m, says sales manager
The contracts included the implementation of pavilions for First Group on 184 sqm; Edge Holding for Urban Development on 180 sqm: Residence Development on 162 sqm, and Style Home on 128 sqm.
Maximum fund for every unit EGP 2.5m, instalments over 5 years
Company invests EGP 600m in real estate sector
Hermes’ expected share in education fund investments in 2019 amounts to $40m: Moussa
The roundtable will tackle new mechanisms of developing tourist real estate projects, international standards of this kind of projects, marketing of tourism projects, increasing tourist arrivals in Egypt.