Latest in Real Estate Highlight
Latest in Real Estate
Internationalisation of real estate sector is key for boosting economy: professor at NUS
About 80% of population in Singapore live in public housing
Law for establishing real estate developers federation likely to be issued within two months: Housing Ministry
Coping with international standards helps Egypt to boost its real estate exports, says Mountain View’s chairperson
MNHD reports EGP 1.72bn in pre-sales for Q1 2019, launches office park
Madinet Nasr Housing and Development (MNHD), a leading Egyptian urban developer, announced on Sunday that its pre-sales (contracted sales plus reservations) for the the first quarter (Q1) of 2019 reached EGP 1.72bn, up 9% year-over-year. According to the company’s press statement, pre-sales were mainly driven by the demand of the residential units as well as …
Housing Ministry to establish over 1.1m residential units in 5 years
Establishing new urban communities became one of the engines of economic growth in Egypt and building sustainably is a priority in the country’s 2030 Vision, Khaled Abbas, deputy minister of housing, said. The ministry of housing plans to establish more than 1.1m residential units during the coming five years and we will be waiting for …
Marakez acquires land in Mansoura to establish EGP 1.4bn commercial mall
Marakez for Real Estate Investment has acquired from the Internal Trade Development Authority (ITDA) a 47-feddan land plot in Mansoura city, Daqahleya, to develop a commercial mall with EGP 1.4bn in investments. The mall that will serve as a retail and entertainment centre for the Delta area, including the 7 million population of Daqahleya. “Marakez’s …
Al Dau Development launches Cairo West project in H2 2019 with EGP 2bn targeted sales
Company targets EGP 1bn in sales in 2019, says CEO
MG Developments begins implementation of HQ project in New Cairo
MG Developments has begun the construction of the Headquarters (HQ) business project placed in the first sector on 90th street in the Fifth Settlement, New Cairo, on 11,000 sqm. The company launched the HQ project last November, and it comprises of commercial and administrative units, with total investments worth EGP 1bn. Chairperson of MG Developments, …
Aristo to market residential resort in Egyptian market with €100m in investments
Company sold property to Egyptians with sales worth €20m in 3 years, says Marketing Manager
ERA targets EGP 3.6bn in sales for developers during 2019
Company focuses on marketing commercial, administrative projects, alongside residential ones
SAK exceeds EGP 200m in sales during Cityscape exhibition
Company sells two phases of Sueño project, says CEO
New Plan Developments invests EGP 8bn in New Administrative Capital
Company sells out Serrano project within six months of its launch
Sorouh achieves EGP 1.5bn in sales of Entrada project in NAC
Company soon to launch administrative commercial project in New Capital
Real estate companies showcase their best offers to attract Cityscape visitors
Over 60 real estate companies competed to showcase their best projects in the Cityscape Egypt exhibition this month. The exhibition witnessed several new projects, along with a package of offers by exhibitors in order to gain the largest share of exhibition visitors. Cityscape Egypt took place in the period from 27 to 30 March at …
Progate announces launch of Zavani project with EGP 2bn investments in Cityscape
Progate Development launched on Wednesday its first project at the New Administrative Capital (NAC) called Zavani with EGP 2bn investments, Mohab Fahmy, the chairperson of the company, said. Fahmy’s announcement came during the first day of the Cityscape exhibition. He revealed that the project is being developed on 33 feddan in the diplomatic district and …
CFC exhibits Oriana IV, Aura, Podium in Cityscape Egypt
Cairo Festival City (CFC), one of Al-Futtaim Group’s real estate projects, exhibited Oriana IV, an extension of Oriana villas, during the Cityscape exhibition. The Oriana IV offers townhouses and twin-houses, according to the Managing Director of Al-Futtaim Real Estate Co, Ashraf Ezz El-Din. Cityscape exhibition is being held at Egypt’s International Exhibition Center in New …
City Edge launches Baroque project in NAC during Cityscape Exhibition
City Edge Developments (CED) launched its new project Baroque to be established in the R5 area at the New Administrative Capital (NAC). The Baroque project is designed to revive the Khedivial Downtown Cairo with its architecture, gardens, roundabouts, and streets. Baroque’s architecture is characterised by the domes, massive use of decoration and ornaments, attention to …
Sodic to invest EGP 3.7bn in constructions in 2019
The Six of October Development & Investment (SODIC) plans to direct EGP 3.7bn in projects’ constructions in 2019, according to its Managing Director and board member, Maged Sherif. Sherif told Daily News Egypt that the company is pumping EGP 1.45bn for paying lands’ cost in 2019. Additionally, Sherif noted that the company has invested EGP …
Rooya Group targets EGP 3bn in sales during current year
Company plans to inject EGP 2.5bn in investments in local market, says chairperson
Arabia to launch branch of international sports club in Sun Capital next month
Company targets achieving EGP 6bn in sales of Sun Capital, Galleria projects this year, says chairperson
El Batal invests EGP 9bn in Egypt’s real estate market
Company aims to raise its capital to EGP 1bn by end of 2019
MBG contracts with EHAF Consulting Engineers to supervise Pukka project in NAC
Offering company’s commercial mall for sale in 2 months, expected revenues of EGP 1bn, says chairperson
Al-Futtaim to establish two hotels in CFC by 2020
Group plans to deliver 550 residential units, 60 sq km administrative areas this year
Castle Development launches 2nd phase of Castle Landmark with EGP 1bn expected sales
Castle Development plans to launch the second phase of Castle Landmark, the company’s flagship project situated at the New Administrative Capital (NAC) this month, with a total investment of EGP 550m, according to Ahmed Mansour, CEO of Castle Development. This month has also seen the company launches its new 7,600 sqm commercial project, East Side, …
El Shahawi Group targets EGP 10bn in sales of Ein Hills, Pali projects
Company plans to implement residential project in New Cairo or Sixth of October City
El Attal targets achieving EGP 1bn in sales in 2019
Company to implement projects in favour of Malaysia in Egypt
Marakez invests EGP 6bn in District 5 project
Operating Mall of Tanta in August with EGP 1bn investments
The Land Developers targets EGP 1bn in sales for Armonia in 2019
TLD plans to launch 2 new projects this current year, says chairperson
Palm Hills targets 25% investment increase in 2019
Company plans to begin implementation of Badya in 2Q19
OUD mulls commercial, administrative project in NAC
Company considers developing 4-feddan project in New Mansoura, says executive chairperson
First Group to launch new project in Ain Sokhna with EGP 6bn expected sales in Q4 2019
Company presents 4th phase of KENZ compound with EGP 650m targeted sales, says chairperson