Latest in Real Estate Highlight
Latest in Real Estate
Orouba Misr contracts on developing Novotel Alexandria resort
Skyline’s portfolio spans an administrative and business tower, which Dorsch master Architecture one of the top five companies in office designing in the world has worked on designing. SkyHub, and SkyMed a medical tower, in addition to a regional mall, he elaborated.
MIPIM 2020 rescheduled to June in Cannes
MIPIM’s original dates (10-13 March) are changing due to growing concerns related to the Coronavirus (COVID-19).
10% average increase in New Capital’s land prices
Maghawry elaborated that international offices depend in their business on general planning, not only internal services, so services and utilities will be the responsibility of ACUD as a whole entity.
Ivory Investments to complete Business Park with EGP 500m investments
Ivory Business Park is scheduled to operate in mid-2021, says ElFiky
Mountain View to offer HeartWork’s 2nd phase with EGP 500m expected sales
Mountain View owns a land bank in West Cairo estimated at 800 feddan divided into four projects, which makes it able to achieve its investment goals, Soliman elaborated, adding, “Mountain View’s land bank is one of the largest in the Egyptian real estate market.”
Amaken Development acquires The Shore project in North Coast
Company is waiting for deciding on land pricing to complete project implementation
The Land Developers launches Armonia Walk commercial project
In a press conference held on Sunday, El-Tayebi added that Armonia Walk has a construction area of 18,000 sqm with an investment volume of EGP 500m.
Egypt interested in exporting properties, targeting foreign clients, investors
Branded residences most attractive for foreigners
Egy Move organises 4 real estate exhibitions in governorates in 2020
The first expo will take place in March, he said, adding that another event will be organised every quarter in 2020.
MBG Development directs EGP 700m investment to Pukka New Capital
MBG Development will invest EGP 700m in Pukka compound in the New Administrative Capital this year, the company’s Chairperson Mahmoud Al Adl said.
MG Developments delivers 2 phases of Blue Blue Sokhna
Company to launch new phase with EGP 750m investments in 1H 2020, says chairperson
VOW Developments targets EGP 500m in sales
Company intends to direct EGP 200m in construction works in the current year, says CEO
RE/MAX Al Mohager targets EGP 2.2bn sales for developers in 2020
Company’s non-residential portfolio comprises 76 commercial, administrative, medical, and industrial projects
OUD’s sales exceed EGP 100m at Nile Property Expo in Riyadh
Company opens resale department with lowest commission rate
Schneider Electric to provide energy management system to Castle Landmark
About 70% of Castle Landmark’s electricity shall be generated from solar-powered photovoltaics, says Castle CEO
The Address to launch new project in Sheikh Zayed 3Q2020
Company will probably complete marketing The MarQ’s second phase in 1Q2020, says board member
Orascom Development brings Kent College to open first campus in O West
Total investment costs of the school will be up to EGP 500m. The school is expected to start operation in the third quarter (Q3) of 2022, a year before the delivery of the first real estate unit in O West.
Mortgage financing programmes encouraged citizens, investors to pump funds: EBA member Ahmed El Zayat
We are worried about implementation mechanism of CBE’s mortgage financing initiative
Skywalk develops an EGP 8bn partnership project in west Cairo
Rasekh added that the company has launched the first phase of the business park within the project for reservation, noting that the project has also been designed differently to suit the nature of different companies and guarantees privacy.
Grand Plaza debuts La Mirada Plaza mall with EGP 400m expected sales
Company has achieved EGP 850m in 2019 sales, says chairperson
Castle Development, ABC sign MoU to provide Castle Landmark project Management solutions
Facility Management market is projected to reach a value of $1.74bn by 2026, says Mansour
Dolman to launch its second commercial project in NAC in 2020
Company expects to sell 70% of its second mall by year-end, says chairperson
60 local, international exhibitors participate in Cityscape Egypt
Egyptian real estate looks to new heights following EGP 23.3bn boost in investments in 2018
Amr El Kady becomes deputy CEO of Hisham Talaat Moustafa
Talaat Moustafa Group (TMG) has announced Amr El Kady has joined the group as deputy to Hisham Talaat Mostafa, CEO and Managing Director of the group.
EGP 350m price tag for Park Lane’s first phase construction in NAC
El Attal expected to achieve a large rate of sales for the Park Lane project, especially with the government administrative district being so close to them, which will garner great demand for investments.
BYC brokers EGP 3.6bn sales for developers in 2019
Regarding participation in external exhibitions, he said: “BYC participated in many external exhibitions, including Cityscape Dubai, Al Ahram Real Estate Exhibition in Kuwait, and the Abu Dhabi Expo. Gulf countries are major target markets, mainly the UAE, Saudi Arabia, and Kuwait.”
HomeBerry provides development, marketing consultancy for projects with EGP 6bn sales
CEO and Founder of HomeBerry Mohamed Elwy said the company provided integrated consultations for three projects since its inception six months ago; a residential compound in New Cairo, administrative units in Sixth of October, and a residential project in the New Administrative Capital.
ECB takes over management, supervision of EGP 16bn projects in NAC
The ECB founder Mohamed Abdel Ghany said the NAC accounted for a large share of the company’s projects, namely IL Bosco and Vinci by Misr Italia Properties, and Capital 1 and Capital 2 developed by Safwa for Urban Development.
Altameer Arabian launches Egypt debut Rivan New Capital with EGP 3bn investments
Company intends to expand in Egyptian market, says board member
Ora develops 400-feddan project in New Cairo with EGP 100bn expected sales
New development will be launched in 2Q2020, with EGP 6bn targeted sales, says CEO