Latest in Real Estate Highlight
Latest in Real Estate
Integrated industrial cities link between urban, industrial development: IDA head
13 companies submitted to IDA to develop industrial areas in 10th of Ramadan, Sadat cities, says Abdel Razek
SODIC studies partnership with NUCA
SODIC’s board discusses revenues division plan Monday
Coldwell Banker targets EGP 1.2bn sales for developers from Next Move exhibition
Company targets EGP 12bn sales by end-2017, says chairperson
Wahat El Ryhan third, fourth phases to be marketed at Next Move
Egyptian Engineering for Development and Real Estate Investment is offering the third and fourth phase of its Wahat El Ryhan project at the Next Move exhibition. Hossam Mostafa, company chairperson, told Daily News Egypt that the third and fourth phases of the Wahat El Ryhan project in Sixth of October City will be delivered in …
Real Mark markets HCCD housing, development projects
Real Mark Company, a subsidiary of the Holding Company for Construction and Development (HCCD), is participating in Next Move exhibition to market a portfolio of projects in various cities and new communities for companies, including Maadi Company for Development and Construction, Al Nasr Housing and Construction, and Heliopolis for Housing and Development (HHD). Real Mark …
Exhibitions represent important marketing platform
Wadi Degla Developments Chairperson and CEO Maged Helmy said that the company is exhibiting a range of its latest real estate projects in the Egyptian market, with special offers and discounts for visitors to the Next Move exhibition throughout its run. Helmy added that his company is keen to participate in exhibitions and specialised real …
Tabarak markets Capital East Residence project at Next Move
Tabarak Holding for Real Estate Development is marketing its Capital East Residence project at Next Move exhibition, which is being held from 14 to 16 December. Ali El Shorbany, CEO of Tabarak Holding for Real Estate Development, said the project was launched by the company in February with investments estimated at EGP 900m. El Shorbany …
Great boom expected in middle-class housing with increased prices
Cairo has a serious shortfall in the supply of middle-income housing, the leading real estate investment and advisory firm JLL (Global Commercial Real Estate Services) revealed in its new report. It also urged for significant efforts to be made to address the current imbalance, because shortage has long remained an important and consistent issue across …
Next Move exhibit looks to entice middle-income market
Developers at the inaugural edition of Next Move Egypt exhibition, which runs from Thursday through Saturday at the Cairo International Convention Centre, will look to entice potential buyers with a range of cutting-edge apartment units, townhouses and community villas with attractive, flexible payment plans. The first edition of Next Move Egypt, powered by Cityscape, will …
Real estate exhibitions contributed 75% of OUD sales: chairperson
Company aims to acquire plots of land in New Administrative Capital, El Mostakbal City, Upper Egypt, Delta, says Khamis
Government not competitor to real estate private sector: minister
Minister of Housing and Acting Prime Minister Mostafa Madbouly said the government is not a competitor to the private sector in real estate, but it seeks to play a complementary role to meet the needs of the market. Madbouly added during “Egypt’s Real Estate Industry: Investing in the Future” conference held Tuesday, by the American …
Palm Hills expects EGP 9.5bn sales by end-2017
Some land-acquiring problems for integrated housing city in Ghana prevent project launch next year
Elite to launch its ‘Core’ project in January
Company plans to launch residential, commercial project in Tanta on approximately 15,000 sqm, says managing director
Despite mostly recessive winter season, real estate prices continue to rise
Owing to a relative recession that takes over the property market throughout the season, real estate prices usually drop during the winter season. However, this winter has shown a completely different face for business and residential properties. This is not only because prices have not fallen yet, but they are expected to rise during the …
Imposing new steel, cement fees will not affect real estate prices
The new health insurance law, due to go into effect after parliament approved it last week, is set to see new fees imposed on certain commodities to finance the program. The Health Affairs Committee of Parliament approved on Tuesday the draft of comprehensive health insurance law, in which it authorised the article on additional sources …
Orascom establishes $500m residential project in Senegal: Samih Sawiris
Naguib Sawiris calls for expanding investor base of Supreme Council for Investment
Government policies commodify housing: 10 Tooba
The government has been actively commodifying housing, says the latest report by 10 Tooba for Applied Research on the Built Environment. The independent institution says the government is advancing the pattern, whether directly, through investing in large-scale, higher-end housing, or through the continued market deregulation, encouraging speculative buying. The report noted that government policies further …
Marseilia Group resumes sales in Hayat Alex Park project after halt due to flotation
The company will invest about EP 1bn in construction contracts during 2018, 2019, says chariman
Despite lack of finance, Egypt works full-swing to achieve sustainable cities
French companies expressed great interest in implementing Egypt’s plan of urban sustainable development
Government sets conditions to resume industrial development projects after 10-year suspension
Daily News Egypt sheds light on the conditions brochure of the first land offering for the project in 10th of Ramadan City
Administrative capital allocates 3,500 acres for real estate companies
Land prices will rise as developers continue purchasing, says Abdeen
Real estate sector supports CBE decisions, complains about interest rate increases
Liberalisation of exchange rate was required and took too long, says Hassanein
Select International Group targets 60% growth in 2018
Group to acquire three local companies in the technology sector with EGP 40m investment
‘Concept’ pumps EGP 20m in Siela Resort first phase construction
Concept Real Estate Group pumped EGP 20m into construction works of the first phase of the Siela Resort North Coast project, according to Siela Chairperson Ehab Abou El Magd. Abou El Magd added that Concept has completed the infrastructure of the project and concrete works of the first phase’s buildings. The Siela project is located …
B2B Investment markets two administrative, commercial projects in New Cairo
Company to complete marketing entire phases of the two projects in 2018, says B2B president
Top 10 real estate projects in New Cairo
DNE sheds light on prices of real estate units in New Cairo, according to B2B for Real Estate Marketing
Talaat Moustafa raise investments of Madinaty and Al Rehab to EGP 455bn
Project in New Administrative Capital to be ready in 3 months: Hisham Talaat Moustafa
Government land pricing policy reasonable for investors: Minister of Housing Mostafa Madbouly
High interest rate environment negatively affected investment in real estate sector
Capital Group to invest EGP 3bn in Al Burouj project in 2018
The company marketed 85% of the first phase of the project, says Fathy
Redcon expects EGP 2bn sales of Al Burooj Medical District project
Redcon Medical Parks to establish 100 polyclinics and hospitals within 3 years