Latest in Real Estate Highlight
Latest in Real Estate

ARCO acquires 410-feddan project in Sheikh Zayed with EGP 9bn investment
Company constructing hotel in New El Alamein, two hotels in CityStars Al Sahel, says CEO

Rofaida plans to develop two projects in North Coast, New Cairo
Company will complete sale of Row Marina’s second phase this year

Tatweer Misr aims to reach EGP 7bn in sales by year’s end
Company achieved EGP 5bn in sales in 2018, says managing director

Arabia Holding to direct EGP1.5bn in Sun Capital, Galleria projects in 2019
Sun Capital’s sales EGP 3.7bn since its launch

IPS Egypt postponed to January 2019
Postponing IPS Egypt came after consulting Egyptian, Arab real estate experts, developers, says organiser

Branding Egypt, new cities, essential for property export
Real estate marketing is responsibility of specialised real estate marketing agents, companies, not developers

State should focus on providing social housing not luxury ones: real estate developers
Government should provide incentives for developers to complete of country’s development strategy

Edge Holding to launch two new real estate projects in New Alamein, Ain Sokhna
Company markets 70% of OIA project in New Capital

Nozha Group signs partnership agreement with Time Hotels to manage Time Nozha Beach Hotel, Resort Ras Sudr
Group plans to direct EGP 3bn investments in tourism sector

HDRIC to deliver Tala project mid-2020
Company’s extension plans include investments in New Alamein, North Coast, says Maher

Grand Plaza sells 1,050 units of La Mirada El Mostakbal project to HDRIC
Company sold 300 units in project’s first phase, says CEO

Castle Development to launch 2 new projects in New Capital worth EGP 2.3bn
Company to launch 2nd phase of ‘Castle Landmark New Capital’ next month

SODIC’s stock represents a good chance as merger plans with MHND go in full swing: report
The declared acquisition will be conducted through direct equity swap only

Marina owners demand withdraw confidence from occupant’s union
Owners appealed to President Abdel Fattah Al-Sisi, Minister of Housing to intervene

Impact markets four projects with EGP 2.5bn in targeted sales
New Administrative Capital, New Cairo have promising investment opportunities, says CEO

Six schools received land within R8 area in New Administrative Capital
ACUD in ongoing negotiations with Emaar, Talat Mustafa to obtain 2,000 feddan

CGP to deliver 300 units of Alburouj project next year, EGP 3bn in first phase
Company plans to expand outside greater Cairo to implement real estate projects in new cities

Real Mark Developments invests EGP 750m in West Mark project
Project delivery date estimated by 2020

Premium Assets to organise exhibition of real estate projects in Red Sea
All Red Sea cities experiencing high demand, particularly Ain Sokhna, following launch of New Administrative Capital, says managing director

Elite to open Mansoura branch, expects EGP 100m in sales within 3 months
Project sales activity implemented by Ministry of Housing expects support from state, represents opportunity for investors

ABWOC may organise Egyptian real estate exhibition in Dubai in 2019
MoU addressed reassessment of real estate legislation, to achieve integration, establish partnerships with international institutions, organisations in same field, says Essam

For very first-time, government, real estate developers, exhibit in same pavilion
Egypt, country of honour, gathered over 15 companies from major real estate companies, to review most prominent projects, New Administrative Capital, New El Alamein, New Mansoura

IWAN Developments markets Atrio project: CEO
Company awaiting completion of contractual arrangements with NUCA, says Mokhtar

Sorouh reveals three real estate projects at Cityscape Global 2018
Company is offering Capital Club project, with total investment of EGP 4bn

Lack of appropriate legislation, data, main challenges of real estate sector: Nozol CEO
‘70% of those looking for property do not find product that suits them’, says Ezzat

New cities provide better opportunities, housing, investment, employment
Egypt needs to expand urban size, new cities will boost local, foreign investments in both construction, real estate sectors

City Edge Developments markets five North Edge Towers, EGP 7.5bn in sales
Company aims to obtain 200 feddan in Fifth Settlement for new project, says CEO

HDB signs agreement with Port Said Governorate to establish 294 housing units in Jawhara project
Bank granted mortgage funding for 22,000 social housing beneficiaries worth EGP 500m

MBG completes marketing 400 units of Pukka project
Pukka has been launched a year ago with various spaces on 50 feddans.

MNHD receives approval of additional heights in Taj City project
An additional 17% to remaining built up area in Taj City