Latest in Real Estate Highlight
Latest in Real Estate
Fawaz Alhokair set to expand investments in Egypt
The Saudi investment group is aiming to expand its portfolio through its Egyptian subsidiary MARAKEZ
The Egyptian real estate market: a future between skyrocketing prices and fear of recession
Daily News Egypt has obtained data from Aqarmap, the real estate search engine, regarding land prices in Greater Cairo
Land sales in 2016 greatly exceeded rates of previous years: Madbouly
Ministry to expand in granting lands to achieve a real estate boom
Arab Contractors develops Nuwaiseeb Road in Kuwait for EGP 10bn
The project is conducted under supervision of advisory office Parsons Brinckerhoff International
SDA introduces investment projects worth EGP 10.7bn
The Sinai Development Authority will complete the first phase of the Suez Canal development projects in April
Real estate sector productive, represents 16% of GDP: Tarek Shoukry
The one-stop shop will not happen in Egypt, according to Hassanein
Banks offer their support to real estate sector
NBE provided letters of guarantee worth EGP 5bn for the sector of construction, says Aboul Fotouh
Average demand on service land offerings in Dar Misr, social housing projects
New Urban Communities Authority received 357 offers to compete over 48 out of 98 lands offered
Housing Committee submits Reconciliation in Building Violations bill
Disagreement among MPs on fines value delayed the bill, says Abdel Aziz
Real estate companies do not make huge profits: Mohamed El Husseiny
10% annual profits from investment cost, large number of ads contributed to forming false beliefs
T.H.E signs nine design and supervision contracts: founding partner
Company chosen to play general adviser role in development of Cleopatra hospitals
Housing Ministry offers new phase of distinctive lands through NUCA
The ministry allocates 1,465 lands in a complementary toss for losers of previous tosses
EGP 2bn invested in Greater Cairo Reconstruction Authority projects: authority’s head
First phase of Fangary axis to start in April, total cost exceeds EGP 1bn
Construction companies call for Al-Sisi to speed up issuance of compensation law
The delay of issuing this law leads to the exit of many construction companies from the market, says Abdellah
Units for overseas Egyptians should be attractive: experts
The ministry of housing should provide fair prices to attract Egyptians abroad to pay for it by US dollar
Rolin studies developing a housing project in Sharabeya
The General Construction Company (Rolin), a subsidiary of the Holding Company for Construction and Development (HCCD), is now studying to develop a land it owns in the Sharabeya district of Cairo on an area of 12,000sqm into a residential housing project. The managing director of the company, Fathy Sayed, said that the Cairo governorate agreed …
Dar Misr auctions increased prices of commercial units in new cities
Brokers increased the value per square metre to record levels, provided resale offers after the auction
Heliopolis Company for Housing and Development signs “Grenada” renovation contract with Arab Contractors
Sales of Heliopolis Company for Housing and Development decreased by 20-25% since flotation
Diverse local and international exhibitors to unveil new projects at this year’s Cityscape Egypt
6th Cityscape Egypt gets ready to launch next month
High-class lands lead price hikes of residential units
NUCA prepares the offering of new lands, square meter prices in New Cairo might reach EGP 6,000
New Urban Communities Authority offers 15 plots of land to private sector
Total area is 4,524 acres, and targeted investments exceed EGP 500bn
Deadline for social housing land recipients in 7 cities to pay reservation advance: NUCA
The New Urban Communities Authority (NUCA) has decided to give the recipients of about 17,100 pieces of land in the social housing axis in seven new cities a deadline to complete the payment of the rest of the advance of the land reservation. Tarek El-Sebaay, supervisor of the commercial and real estate affairs department at …
2016 a “positive year” for real estate sector: Samcrete managing director
Recovery of NBE and Suez Canal certificates to renew purchasing power in the market
Ministry of Housing completes 100 projects linking facilities to 53,000 housing units
20 more projects will be implemented by the end of the month to link 20,000 more units
CGP to sign construction contracts worth EGP 1bn in first 4 months of 2017
Companies must search for new patterns of development to keep pace with pound’s flotation consequences
Is now a good time to buy real estate in Egypt?
Since the flotation of the Egyptian pound, real estate prices have shot up. On average, real estate developers have increased their prices in Egyptian pounds by 15-20%. Of course, if you calculate the prices of real estate in US dollars, the prices have significantly decreased. We frequently get asked: is now a good time to …
Ministry of Housing announces 3rd auction through one-stop shop system
Offering services of social housing project and Dar Masr in 10 cities in cooperation with Ministry of Investment
Housing Ministry to provide lands with basic facilities for real estate sector: Mostafa Madboly
Housing Minister Mostafa Madboly said that his ministry is committed to support the real estate sector through providing large and medium-sized areas of land with basic facilities. He added that the ministry seeks to attract foreign investment, especially from Arab countries, to participate in the establishment of new real estate projects, including the New Administrative …
Impact of Egypt’s mega projects revealed at Cityscape Business Breakfast
Implementing Egypt’s strategic plan requires government-private sector cooperation, says Abbas
Real estate stakeholders affected by Egyptian pound flotation: JLL
The rapid devaluation of the Egyptian pound has led to uncertainty and delayed decisions by both investors and occupants