Latest in Real Estate Highlight
Latest in Real Estate
El Batal eyes complete delivery of 4 residential projects before 2021 end
The projects, all of which form the company’s Rock series of developments, are located in Cairo, namely the Fifth Settlement in New Cairo, Obour and Sixth of October.
El Mansour Development introduces TRUE project worth EGP 700m in investments
Mansour said that the project, which represents the company’s latest real estate development, is an integrated service project and spans over 9,900 sqm.
NUCA approves allocation of 20 feddans in Sohag to Ebny Real Estate
The land allocation will ensure that the company can now proceed with the development of an integrated urban project in the new Upper Egypt development.
Tatweer Misr boosts digital marketing spending by 70% to reach target audience
During pandemic, we had to find alternative methods to better reach potential clients, says Ahmed Shalaby
AlTameer Arabian eyes EGP 100m in sales at one-day exhibition
The targeted sales are set to occur through the offering of a limited number of serviced-apartments at the real estate developer’s Rivan project in the New Administrative Capital (NAC).
SOREAL signs EGP 2.57bn medium-term facility with AAIB to finance Villette
Launched in 2014, Villette will cover an area of 301 feddans. SODIC has delivered about 600 units, with delivery of units in the project’s first phases having started in 2018. Villette is comprised of single family homes as well as high end apartment buildings.
Akam targets EGP 5bn in sales at new Scene7 sports compound
As the second of the company’s real estate projects at the NAC, Scene7 will be constructed on an area of 40 feddans in the R7 district. It is comprised of residential units with areas starting from 68 sqm, in addition to a sports mall and other commercial areas.
El Mostakbal, New Cairo Company to develop fuel station in Mostakbal City
Essam Nassef, Chairperson and Managing Director at El Mostakbal, said the contract completes the company’s strategy for the current year, with regard to developing service projects in the new project.
City Edge launches Phase 2 of Mazarine Islands at New Alamein
North Coast development projects promote Egyptian government’s plan of year-round residency in the region
COVID-19 highlights need for sustainable real estate: Architects
Pandemic has encouraged Egypt’s real estate developers to reconsider purchasing trends and new demands customers have for properties
Prime Minister inspects ongoing projects at NAC
High level visit to NAC saw Prime Minister Mostafa Madbouly receive briefings on government district and other projects
Master Group launches EGP 6bn City Oval project at NAC
Speaking at a press conference on Tuesday, the company’s CEO, Mohamed Lashin, said the project is the company’s second at the NAC. It will be constructed on a 12-metre high plateau of 37 feddan, in the R7 area.
Egypt collects EGP 6.9bn in building violation reconciliation fees
Government deducts 25% of reconciliation value in case of immediate payment of whole amount
GCC-focused International Property Show to kick off online in October
Event will help real estate companies achieve their target sales through Strategic Marketing and Exhibitions’ customer base in GCC, says CEO El Saidi
Brickzey to exclusively market EGYDEV’s West Park, Azalea projects
Projects are expected to make total sales of EGP 500m
Dolmen Developments commences construction on The Pier Mall
Company plans to direct investments worth EGP 30m into project
Trilateral Egyptian agreement launched to develop Botanica project at NAC
Integrated housing project will be built on 23 feddans of land using EGP 1.3bn in investments
Master Group to launch NAC’s City Oval project by mid-September
Company’s total investments in its projects stand at EGP 10bn, with further EGP 1bn set to be funnelled in 2020, CEO Lashin
Hyde Park launches Tawny project with EGP 2bn expected sales in first phase
Company has achieved sales of EGP 2.5bn YTD, says CEO Amin Serag
Egypt’s real estate market witnesses robust demand: Fitch
Ongoing construction of 20 new cities across Egypt, in addition to development of 23 existing ones, present attractive investment opportunities
Maxim sign contractors, consultants to finalise building North Coast’s Bo Islands
NBE has approved express loan worth EGP 300m for Bo Islands project
Upturn Developments launches 3rd phase of New Cairo’s Centric Business District
New phase set to cover 1,500 sqm, with EGP 200m in targeted sales
Arabia Holding, Alazaizy Group launch EGP 45m cement bricks factory
Factory’s production will be directed to Sun Capital project
Tabarak offers new payment facilities, discounts to increase property sales
‘We have revised our targets with beginning of COVID-19 to reflect market realities more sensibly,’ says Chairperson Ali Shorbani
Royal plans to deliver 80 residential units in New Cairo this year
Real estate companies’ flexibility dealing with COVID-19 crisis helped them survive, says Chairperson
New Jersey unveils EGP 1bn Jura El Galala project in Ain Sokhna
El Galala city is Egypt’s most promising investment area, says Chairperson Gerges Youssef
TSFE, Housing Ministry discuss Khedivial Cairo development, desalination projects
TSFE CEO said that the fund will conduct studies to determine the best uses of the Tahrir Complex building
Reconciliation over building violations won’t be extended after September: PM Madbouly
Immediate removal of construction violations that have not been reconciled will begin in October
COVID-19 boosts fierce inter-company competition to stimulate sales
Pandemic has seen more significant change in marketing methods rather than change in unit prices, says Mohammad Degheady
Marseilia Group keeps up with delivering schedule despite pandemic: Chairperson
Company is significantly contributing to development of Egypt’s Fourth Generation cities