Latest in Real Estate Highlight
Latest in Real Estate
Akam to inject EGP 1.2bn into New Capital project construction in 2021: Managing Director
55% of Scenario project’s construction completed, 1st phase to be delivered by 2021 end
Mercon Developments introduces Gravity 7 project’s second phase at Nextmove exhibition
The company is also showcasing exclusive offers and competitive facilities for its clients over the three exhibition days on the units in G7’s second phase.
Development of New Capital’s government district currently at 95%: ACUD
Speaking to Daily News Egypt, El-Husseini said that the implementation rate of the central telephone exchanges 1 and 2 has reached 87%. Meanwhile, the implementation rate at the NAC’s central cooling station, which will serve the project’s government, and financial and business districts, has reached 99%.
O West by Orascom Development launches 1st phase of HillSide Villas
O West, a fully integrated town by Orascom Development located in the heart of Sixth of October, has announced the launch of the first phase of the HillSide Villas project.
Khaled Sabry Holding introduces Ronza Tower with EGP 500m investments
Construction on project to start after land licence is obtained
ICapital Development launches CLOUD7 in New Capital with EGP 650m investments
Land for project has been formally received, construction work to begin immediately, said Mahmoud Abu El-Khair
Developer X launches Muse The Strip as 1st New Cairo commercial administrative project
These projects would suit the needs of the company’s target customers, and look to exploit its large and distinctive land portfolio.
Egypt halts sale of new city lands to individuals
Halt will ensure greater government control on sales of land plots
Sky Abu Dhabi launches new sales phase of Residence Eight project
Company reports EGP 700m in sales at Residence Eight project in NAC
1st phase of Capital Gardens to launch in June: Hisham Talaat Moustafa
Hisham Talaat Moustafa called for providing legislation that enables private sector to establish projects in partnership with public sector
Prime Hospitality Management to run serviced apartments in 10th of Ramadan City
Tredco El Sayad aims to expand management business into 50 serviced apartments in the city
El Baron Developments launches Vigor project in New Capital with EGP 650m investments
Zarif said that the Vigor project is a commercial and medical administrative building situated on 4,700 sqm. It comprises 11 floors; each is 1,138 sqm. The project will offer units with various sizes.
El Batal begins construction on Rock Capital 1 compound in New Capital
The work includes the excavation and plain cement concrete phase, and is currently building the foundations.
Egypt’s real Estate developers rely on celebrities for marketing, branding
COVID-19 restrictions mean people are spending more time at home
Catalyst Developments to deliver 5 projects worth EGP 4.5bn investments in 2021
Company plans to launch new administrative offices projects with total investment exceeding EGP 3bn
Heliopolis Developers to debut residential project with EGP 2bn investments
Abdel Latif said that during the past year, the company has focused on completing construction works at its sites, handing over projects, initiating utilities, and resolving any customer-related problems.
Orange Egypt Signs a Cooperation Agreement with Mountain View to provide TRIPLE PLAY Services in its Projects
Orange Egypt and Mountain View, have signed a cooperation agreement to provide TRIPLE PLAY
ACUD, MasterCard discuss turning New Capital into cashless city
Project scheduled for inauguration in October
Egypt constructs sewage treatment plants at cost of EGP 31.59bn
Government implements 14 seawater desalination plants with capacity of 476,000 m3/day, at cost of EGP 9.71bn
Zaytoun Development begins construction of 2 projects worth EGP 1bn in NAC
Company intends to deliver Inizio, Za Mall projects by 2022 end
Cairo residential rental market sees positive performance in Q1 2021: JLL
More demand for newer gated communities, says Country Head Ayman Sami
MG Developments launches its latest projects in New Capital
Company’s new projects will receive initial investments estimated at EGP 1.55bn
Engineering Solutions aims to contract projects worth EGP 2bn in 2021
Company focuses its business on New Administrative Capital, New Alamein
Valencia Development launches its 1st project at Egypt’s NAC
Company also intends to invest in Egypt’s North Coast region
Real Estate Chamber, GCC company sign cooperation protocol to export Egyptian real estate
This comes particularly given the competitive global advantages of domestic real estate. As a result, the Chamber has contracted with Nova Media, a regional entity in the GCC market and which has offices spread across that region.
The View Real Estate launches EPIC Compound with EGP 1bn investments
The move comes as part of the company’s expansion plans in Egypt. According to the company’s CEO Adel Galal, the new residential project will be executed over an area of 15 acre in Zayed City on the Cairo-Alexandria Road.
Al Ahly – Sabbour, Reportage Properties agree to develop real estate project in Mostakbal City
Both firms to jointly develop Montenapolene in Mostakbal City with EGP 12bn in expected revenues
Arkan considers 4 new projects in Egyptian real estate market
Company studying investment opportunity at New Administrative Capital
Egyptian Developers launches JAYA Business Complex in New Capital
The company’s Chairperson, Abdel Rahman Abo Zaid, said that the project is located on 6,000 sqm with 20,000-sqm in sales area.
Egypt eyes launch of 6 new cities
Egypt is looking studying the possibility of developing six new cities, which will be implemented in the next period, according to Waleed Abbas, Assistant Housing Minister for Community Affairs at the New Urban Communities Authority (NUCA). Speaking at Akhbar AlYoum’s first Real Estate Conference, on Sunday, Abbas added that the Egyptian Government has succeeded in eliminating challenges facing …