Latest in Real Estate Highlight
Latest in Real Estate
Mountain View debuts Happiness project
Mountain View eyes approximately EGP 8bn in sales of 1st phase of co-development in New Cairo, says Chairperson
Makadi Heights, El Gouna partake in A Place in the Sun exhibition in Birmingham
At the exhibition, Makadi Heights and El Gouna will offer a wide range of properties suitable for all customer segments, including families.
New Avenue achieves EGP 2bn in sales for developers
Ezzat said that the proportion of commercial and administrative sales reached 40% to 50% of the sales.
Beta Egypt contracts with HDB to open its 1st bank in Hadayek October
Company invested EGP 200m in Golf Corner Mall
Egypt’s luxury housing does not exceed 4% of total produced real estate units
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.
Mabany Edris considers launching project in Upper Egypt
Edris said that the company took a step to implement an integrated urban project in New Assiut city after conducting extensive studies which proved the existence of real demand and great purchasing power in the city.
LGD launches Aventra project in NAC with EGP 300m in investments
Arkan Engineering Consultancy has been assigned for project’s consultancy work, says LGD chairperson
El Bahay Holding debuts new project in North Coast Q2 2020
Company plans to expand in West Cairo area during the next phase, says chairperson
Marakez records EGP 1.9bn sales of Sheikh Zayed’s AEON project
Company studies obtaining 35-feddan land in Minya or Assiut to develop new mall
Ammar delivers Viola’s 1st phase including housing for Syndicate of Musical Professions
Ammar completed the first phase three months ahead of schedule, Essam said, adding that the project is built on an area of 3.5 feddan in the Sixth of October City and comprises of 156 large and small housing units.
Tatweer Misr invests EGP 10bn in non-residential projects
Company to deliver 1,900 units in 2 projects next year
Direct-order land allocation system likely to attract FDIs: Developers
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
Albostany records EGP 100m sales in 1H 2019
El Hag added that the buying and selling movement in H1 of the current year was weak and unstable, but H2 of the year is booming and the company aims to reach sales volume of EGP 350m during 2020.
Onyx Developments launches EGP 250m residential project in Maadi by year-end
Fouad added that the company intends to launch the project by the end of the current year, noting that the company plans to complete the project marketing within two years.
SODIC launches 4 new projects in New Zayed with EGP 34bn investments
The Estates project to be launched in September
Lack of legal transparency hinders Egypt’s property export
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson
Egypt aims to double current urban area to reach 14%: Housing Minister
Held under the patronage of the Prime Minister, Mostafa Madbouly, The Big 5 Construct Egypt is Egypt’s largest construction event, providing a platform to foster industry best practices, business and investment opportunities in Egypt.
Cooing brokers real estate sales of EGP 700m in 1H2019
Company targets EGP 1.5bn sales year-end
PHD achieve positive cash flows from operations of EGP 0.5bn
Securitisation, discounting transactions of gross receivables portfolio of EGP 1bn during Q4 of 2019
City Line completes construction works of Blue Valley’s first phase
El Sayed said that the first phase of the project spans over 4 feddan and comprises of approximately 550 units with varying spaces ranging from 50 to 110 sqm, in addition to an entertainment area and swimming pools.
SAK to launch commercial mall in New Capital next month
He revealed that 60% of the project’s sales is for non-Egyptians. Additionally, the company plans to be present at the Everest real estate exhibition in Kuwait in October.
Pyramids launches Paris East Mall in New Capital with EGP 2bn investments
Paris East Mall’s sales exceeded EGP 1bn, says chairperson
IC Group launches Souq El-Dahab project in New Capital
The company targets marketing the project within six months with prices ranging between EGP 40,000-80,000 per sqm.
Marseilia debuts new project in Alexandria by year-end
Company to launch EGP 10bn investment project in east Cairo by 2020, says chairperson
ODH expects real estate sales to reach EGP 7bn in FY2019
Launch of 3rd phase of O West project in September, says Bishara
MBG opens new office branch in Alexandria
MBG Chairperson Mahmoud Al Adl said that the opening of the new branch aims at opening new marketing outlets in the governorates.
MNHD, AAIB sign EGP 300m loan agreement to finance Sarai project
Naeem maintains BUY reccomendation for MNHD with TP of EGP 8.59/share
Coastal cities developments provide investment opportunities, boosts touristic real estate: Nahla El Ebiary
Company plans to launch new 70-feddan project in New Cairo
Focusing on different tourism types boosts Egypt’s property export
Other types of tourism should be developed in Egypt, so that it can compete with other countries
NUCA receives 700 requests for direct allocation of land
Total investments of projects scheduled for approvals recorded EGP 300bn, says Walid Abbas