
14% annual RevPAR growth in Egypt 2017-2019
Egyptian market experiences roller coaster ride in 2019
Egyptian market experiences roller coaster ride in 2019
Hotel sector in Cairo reached highest performance levels in over 11 years: JLL
According to the Jones Lang LaSalle (JLL) report, performance remained strong across all sectors of the Cairo real estate market in the first quarter (Q1) of 2019. JLL added that the residential sector registered mixed performance, with sale prices slowing over the quarter, while rental rates increased on the back of limited supply of rental …
The rapid devaluation of the Egyptian pound has led to uncertainty and delayed decisions by both investors and occupants
Some 7,500 residential units were delivered, compared to 30,000 units forecasted by developers
The new administrative capital is the natural extension of the city and it will develop anyways, says JLL Egypt Director
Strongest performance in the residential sector, with no major changes in office and retail sector, but hotel sector close to worst level of its cycle
Reuters – Dubai’s Emaar Properties reported a 55% rise in first-quarter net profit on Tuesday, as the region’s economic recovery brought consumers back to its malls and shopping units, and house buyers returned to the market. The builder of the world’s tallest tower, the Burj Khalifa, reported a profit of AED 863m ($234.96m) in the …
The international firm attributed the recovery to positive economic moves in Q1 2014
Supply for residential and retail units rose during Q4 2013, says real estate firm
Demand for real estate projects in the Emirate is set to increase at a faster rate than supply during the coming year, say experts