Latest in Real Estate Highlight
Latest in Real Estate
Real Estate developers face changing customer tastes post-Covid-19
Less office space, greater home comforts potential new trends in customer real estate tastes in post-pandemic period
DM Development achieves 60% of The Groove’s 1Q target sales
Company targets EGP 1bn in sales over 2020, says Abdul Hamid
Royal increases New Cairo real estate investments to EGP 150m in 2020
The company aims to expand in the New Narges and Beit El Watan suburbs in the coming period, to meet the growing demand in these areas.
Egypt’s property sector unhurt despite COVID-19 related sales slowdown
Online transactions boost El Attal’s sales during pandemic, says CEO
Misr Italia launches Allure Executive Offices in New Cairo
Allure is first small executive offices building in Cairo Business Park
New Capital’s R3 neighbourhood to be delivered before year-end
NAC remains in full swing, despite ongoing coronavirus pandemic
City Edge, Al Oula partner to offer mortgage financing plans
Partnership offers three payment systems for City Edge clients, with maximum 80% limit of housing unit value, says Hussein
New Nubaria Development’s investment plan stands at EGP 150m in FY 2020/21
Authority launches campaign to remove building violations
RE/MAX Al Mohager eyes EGP 2bn in 2020 resale contracts
Company, developers agree on new financing solutions for ready-to-move-in and under construction units
Ivory Investments to deliver Sheikh Zayed’s Business Park in 1H 2021
Investments in project stand at between EGP 450-500m
HC maintains overweight rating on Orascom Development stock
ODE stock takes hit due to tourism sector exposure, despite impressive real estate operations
ACUD to support developers in New Capital with flexible payment systems
New Capital maintains its investment attractiveness, says ACUD official
‘The Big 5’ construction show postponed to September 2021
Event will come as Dubai is expected to enter exciting new growth phase
MBG Development sells 75% of NAC’s Pukka project
Sales witnessed significant improvement in 1Q 2020, but fell due to COVID-19 pandemic
Homes Real Estate anticipates EGP 750m sales for developers by year-end
Company achieved sales of EGP 500m for developers in various NAC projects in past year
KHL Real Estate eyes EGP 2bn sales for developers in 2020
Increase in demand for real estate in fourth-generation cities in coming period, says Ragab
Construction permits temporarily suspended to stimulate sales in new cities
Some construction stakeholders believe decision will increase market stagnation
Government halts building permits in 4 governorates for 6 months
Industrialm tourism, government installation, and national project licences excluded from directive
COVID-19 to accelerate real estate company digitisation: Developers
Government, real estate developers can cooperate to preserve real estate market in face of health crisis
Memaar Al Morshedy’s Zahra offers a perfect year-round second home in North Coast
Project features outstanding designers Mohammed Hadid, Raef Fahmy, and VDP
Real estate developers more optimistic than brokers, consumers during COVID-19: Aqarmap
Developers to reduce marketing, construction costs during crisis by 50%-75%, says Aqarmap
Housing Ministry to facilitate quicker real estate project development
El-Gazzar met with a number of investors and developers on Thursday to review the current status of their projects in the 10th of Ramadan City.
CBE considers engaging contracting sector in EGP 100bn initiative
Abdel Raouf added that attention must be paid to distributing the funds equally to all contracting sectors companies, regardless of their size.
Development role of contracting companies needs expanding: EFCBC Head
Public tender project offers should restart, opportunities expanded in construction sector, says Abdel Raouf
Real estate sector restarts sales, despite COVID-19: RE/MAX Al Mohager
Full real estate sector recovery expected in one year, though less sales expected due to crisis says Degheady
Al-Sisi ratifies law amending real estate tax
The amendments aim to minimise tax liability on factory owners and encourage certain productive sectors and strategic services.
Hassan Allam remains buoyant, looks to expansion
Macroclimate to benefit construction industry in coming period, Allam
City Edge, Gama Engineering announce Etapa Phase 2 Construction contract
Project has seen rapid progress, with several leading construction companies involved in bidding
The Address arranges EGP 1.5bn contractual sales for developers in 1Q 2020
Company eyes EGP 7bn sales by year-end
Arabia Holding debuts over 100 units in Galleria project
Company signed protocol with aiBANK to finance clients, negotiates with other banks, says chairperson