Latest in Real Estate Highlight
Latest in Real Estate
Beta Egypt invests EGP 400m in Beta Greens New Cairo until 2020
Company is considering a non-residential project to be announced soon, says chairperson
AGD signs contract with football player Mohamed Zidan to implement residential project in New Cairo
Managing Director of AGD, Mohamed El Attal said that this contract will be the beginning of a number of other real estate projects between AGD and Zidan during the coming period within the company’s strategic plan to expand in New Cairo.
300 companies invests in New Administrative Capital project: ACUD
Dubai’s real estate sector has achieved AED 80bn in 2018, says DLD assistant director
Egypt’s Real estate sales in 2020 will remain subdued: Pharos
Diversification is key for Egypt’s real estate sector
SODIC awards EGP 300m in construction contracts for SODIC East’s development
SODIC had broken ground last year following the successful launch and selling out of EGP 2bn worth of single-family homes in SODIC East, which has launched its next phases, now under construction, and is progressing ahead of schedule on track for delivery starting November 2021.
Commercial projects acquires lion’s share of projects’ demand
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 showcase their best offers to attract customers at NextMove exhibition
Companies focus on exhibiting commercial units
Real estate exhibitions: an important tool for company branding
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.
Real estate sector manages to preserve its stability
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.
Q4 expected to boost real estate sales unlike previous three quarters
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.
Developers agree that balance in land offering achieves state’s development plan
During Future Real Estate Investments: Opportunities and Challenges roundtable held on Wednesday, Soliman noted that some axes must be addressed before expanding real estate export, such as solving residency problems for foreigners, and the implementation of necessary promotional campaigns in targeted areas.
BTSI expected to dominate 50% of Saudi construction sector
Benten expects a 20% decline in building costs which are supported by $3.4bn subsidies provided by the government to support the private sector.
Architecture and Sustainable Development roundtable to kick off 26 October
Mahmoud Abdel Mohsen, the company’s chairperson, said that the discussions tackle sustainable development, the state’s strategies so far, and the challenges facing developers.
NP Solutions aims to attract new sales, marketing consultation contracts
Hassan added that the company has recently completed its contract for the Serrano project, owned by New Plan Developments, in the New Administrative Capital, and is negotiating with two other companies to provide marketing and sales consulting services.
The Address launches The MarQ project in New Cairo
Company will launch two new projects in Ain Sokhna and Sheikh Zayed in 2020, says chairperson
New Plan Developments launches second phase of ATIKA project
Sales of the project’s first phase reached EGP 300m, says chairperson
City Edge sells first phase of Downtown New Alamein in less than a week
Sales for first phase reached EGP 700m
NUCA commissions SECON to manage, market New Alexandria project
SECON to market 417-feddan urban area in the first phase of the project, says CEO
I Move eyes EGP 120m in sales for developers during Q4 2019
El-Sayed said that the company aims to expand the marketing of residential, administrative, and commercial projects during the coming period.
El Batal Group launches Sheraton Heliopolis largest residential compound in November
Group is developing a project in Al-Ain Sokhna, and will announce establishment of JV through Chinese merger, says CEO
EMF Launches Accredited Mortgage Programme in November
Established in 2015, under the supervision of the Egyptian Financial Regulatory Authority (FRA), the EMF currently has 28 members involved in developing the mortgage finance industry in Egypt
Khozam Developments launches EGP 1.25bn Go Heliopolis project
Khozam said that the project is being built on 18,000 sqm and will comprise of more than 760 residential units with spaces ranging between 120-190 sqm with payment period reaching five years.
Minka Investment to inject EGP 500m in THE HOFT project
First phase of Minka’s boutique development “THE HOFT”, to be located inside of Cobalt Business District at Taj City
Lekela to begin construction of West Bakr wind project in Q4 2019
The company is still preparing the joint wind measurement campaign, along with other shortlisted bidders for the 250 MW West Nile wind tender
CABW launches its annual Cairo-Dubai real-estate conference
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.
Beta Egypt reduces land size of Beta Greens New Cairo
Fikri said that the modification is a precautionary measure to preserve interests of the clients and their investments, as well as to complete the project as soon as possible. It is also meant to abide by the contracts with customers and deliver the units with the highest possible quality.
Mountain View unveils Office Park project with EGP 8bn expected sales
The company eyes EGP 5bn in sales of its projects by year-end, says chairperson
Brickzey agrees to market West Eleven project in 6th of October city
Project’s target sales EGP 1.5bn, says Brickzey chairperson
Real estate sales, investments expected to revive after interest rate cut
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson
Drwazah launches EGP 10bn investments in Egyptian real estate market
Company celebrates launching its first branch in Egypt