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Company has invested EGP 71bn in property projects in Greater Cairo, Red Sea, and North Coast
The event aims to incorporate highly advanced tech solutions in collaboration with Grand Technology, the leading in tech solutions and systems, enabling the attendees and participants to take part in virtual tours in the projects showcased by the real estate developers.
Company directs investments of EGP 500m in Mokattam’s Business Arena commercial project
Pandemic provides real estate developers with new experiences to deal with any crisis in market, says Tarek Shoukry
Pandemic has encouraged Egypt’s real estate developers to reconsider purchasing trends and new demands customers have for properties
Ongoing construction of 20 new cities across Egypt, in addition to development of 23 existing ones, present attractive investment opportunities
With digitisation the hottest topic of 2020, world is seeing rapid shift to digital experiences and clickable solutions
Company’s marketing team shift its focus more heavily towards digital marketing to enable efficient communication with customers, says CEO El-Assal
New Administrative Capital is natural alternative to expanding in Egypt, and eliminating informal settlements, says HDRIC Managing Director
The company’s sales figures come despite the negative economic impacts and the shaky consumer confidence caused by the novel coronavirus (COVID-19) outbreak in Egypt.
Homes Real Estate Chairperson, Mohammed Obeid, said exhibitors showcased a variety of projects at the New Administrative Capital (NAC), the North Coast, New Mansoura and Obour City.
Think Commercial online session will take place, with participation of real estate developers, on dealing with coronavirus crisis
Daily News Egypt sat down with Sherif to learn more on the company’s plans and vision regarding Egypt’s real estate market.
Egyptian government continues to support sectors most impacted by pandemic, with initiatives such as allowing corporates to pay income tax in three instalments
Despite economic implications of current crisis, Egypt’s real estate sector anticipates strong return once crisis is over, says Sigma Capital
Company has EGP 7.7bn liquidity sources, of which EGP 2.7bn is in cash and equivalents
Banque Misr signed the protocol as part of its vision to stimulate the real estate market and provide adequate housing for all segments of society. The protocol also comes in line with the state’s desire to provide mechanisms that contribute to the development of the real estate market.
Less office space, greater home comforts potential new trends in customer real estate tastes in post-pandemic period
The company aims to expand in the New Narges and Beit El Watan suburbs in the coming period, to meet the growing demand in these areas.
Company achieved sales of EGP 500m for developers in various NAC projects in past year
Government, real estate developers can cooperate to preserve real estate market in face of health crisis
Developers to reduce marketing, construction costs during crisis by 50%-75%, says Aqarmap
El-Gazzar met with a number of investors and developers on Thursday to review the current status of their projects in the 10th of Ramadan City.
Full real estate sector recovery expected in one year, though less sales expected due to crisis says Degheady
The amendments aim to minimise tax liability on factory owners and encourage certain productive sectors and strategic services.
Construction work has not stopped despite Covid-19 outbreak with projects remaining on schedule, say developers
El Shehry added that the local real estate market remains, so far, unaffected by the ongoing pandemic. He highlighted that, although there had been a slowdown in sales, companies have yet to record losses or a halt in sales.
As for the sites in the projects, Fekri elaborated that the company provided antiseptics and masks to workers, and a list of instructions for preventing the virus spread followed by periodic follow-up of workers.
The Egyptian real estate market mainly relies on domestic demand, therefore, no harm is expected on the industry, they explained.
Chairperson and Managing Director of Orientals for Urban Development (OUD) Asser Hamdy said that the general developer model were successful in some new cities, such as Marsa Alam, but they require the availability of required customer services.