Latest in Tag: Real Estate Highlight
Latest in Tag: Real Estate
61 new cities developed on total area of 3.25m feddan: Assistant Housing Minister
New developments represent 1.5% of Egypt’s total area
Sky Abu Dhabi to invest EGP 15bn in Egyptian real estate over 2 years
Government incentives to stimulate FDIs, establishment of major national projects, new smart cities behind Sky Abu Dhabi’s expansion in Egypt
Egypt expected to issue Federation of Real Estate Developers Law in February
Proposed law is important for regulating Egypt’s real estate market in current period, says Tatweer Misr head
Mountain View reveals Lake Side Villas phase at Chillout Park
Company partnered with Egypt Learning Group to introduce HaileyBury School in iCity October with investments worth EGP 500m
Commercial, administrative projects enjoy huge growth potential: Misr Italia CEO
There is huge potential for growth in commercial and administrative projects in Egypt, said Mohamed Khaled El Assal, CEO and Managing Director of Misr Italia Properties. Customers’ needs are also constantly changing, and the sector has had to undertake a commensurate adjustment to cater to these needs. It has done so by introducing new and …
Egypt real estate developers project price hikes in 2021
Price increases will appear in conjunction with market rebound, return of real demand for property during coming period: Pundit
Egypt’s real estate sector manages to absorb COVID-19 repercussions in 2020
Although 2020 was a difficult year for all economic sectors, Egypt’s real estate market has managed to absorb the repercussions of the novel coronavirus (COVID-19) pandemic.
Developing 1m residential units can increase Egypt’s GDP by EGP 2trn annually: Hisham Talaat Moustafa
Hisham Talaat Moustafa said that talks over launching a mortgage finance initiative for under-development units are very good, but outlook must be broader
Egypt’s new cities encourage increased demand for office space: Fitch Solutions
Beyond 2021, demand and rents will most likely recover with gains, says Fitch
Real estate developer New Plan negotiates to launch 2nd project in Port Said
First phase of Éclat Port Said sold out within three days
Major real estate company to offer EGP 2bn worth sukuk in Q1 2021: Sources
Volume of Egypt’s sukuk issuances during 2021 expected to reach over EGP 10bn
Real estate developers, experts disagree on cash back rewards system
Meanwhile, Rekaz Developments CEO Tamer Bakeer said that Egypt’s real estate development companies have resorted to this method for selling and making profits. Consequently, if companies offer the cash-back mechanism, then money placement is the only way to provide a return to the customer.
Arkan to invest EGP 600m in real estate projects during 2021
Essa also said that the company has directed a total of EGP 500m into its projects in the Egyptian real estate market over 2020, which has been distributed over residential and educational projects.
Social infrastructure availability in mixed-use developments increases real estate demand: Colliers
Colliers International has conducted a comprehensive research in Cairo regarding which factors determine price premium. The results for a well-designed mixed-use project could range from a premium of 25% to 45%.
Why do competitors see Hisham Talaat Mostafa as best real estate developer?
Hussein Sabour, one of Egypt’s pioneer architects and head of Sabbour Consulting, was at the forefront of the real estate developers who nominated Hisham Talaat Mustafa for the title.
Real estate expansion creates hospitality, tourism sector investment opportunities: EJB
The Egyptian consumer’s shifting demographics and lifestyle plays a crucial role in the growth of a city. Not only is the quality of the apartment or villa important, but it is the basic community elements that complete a society and which are a bonus for buyers. This includes the availability of targeted convenience stores, food and beverage (F&B) venues, medical services, and schools.
Rescheduled Cityscape Egypt aims to boost real estate sales after COVID-19 fallout
Mega property exhibition will take place at Egypt International Exhibition Centre, hosting 65 organisations from 4 to 7 November
Inertia eyes EGP 1bn in real estate sales during 4Q 2020
Company has invested EGP 71bn in property projects in Greater Cairo, Red Sea, and North Coast
MENA’s first virtual real estate exhibition kicks off on 20 October
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.
Next Home to invest EGP 2bn in new real estate projects
Company directs investments of EGP 500m in Mokattam’s Business Arena commercial project
Real estate companies’ flexibility helps market recover from COVID-19
Pandemic provides real estate developers with new experiences to deal with any crisis in market, says Tarek Shoukry
COVID-19 highlights need for sustainable real estate: Architects
Pandemic has encouraged Egypt’s real estate developers to reconsider purchasing trends and new demands customers have for properties
Egypt’s real estate market witnesses robust demand: Fitch
Ongoing construction of 20 new cities across Egypt, in addition to development of 23 existing ones, present attractive investment opportunities
Isqan.com sets eyes on revolutionising Egypt’s real estate search capabilities
With digitisation the hottest topic of 2020, world is seeing rapid shift to digital experiences and clickable solutions
Real estate developers, customers rethink purpose, sustainability of projects: Misr Italia
Company’s marketing team shift its focus more heavily towards digital marketing to enable efficient communication with customers, says CEO El-Assal
Developers optimistic on Egypt real estate market growth
New Administrative Capital is natural alternative to expanding in Egypt, and eliminating informal settlements, says HDRIC Managing Director
Egypt’s Aqarpedia records EGP 750m in sales over H1 of 2020
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 exhibition witnesses 25 developers participate
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’ to organise 4th roundtable on Egypt real estate future
Think Commercial online session will take place, with participation of real estate developers, on dealing with coronavirus crisis
SODIC focuses on keeping operations on schedule, timely market launches
Daily News Egypt sat down with Sherif to learn more on the company’s plans and vision regarding Egypt’s real estate market.