Latest in Tag: Real Estate Highlight
Latest in Tag: Real Estate

CIB aims to increase its share of financing real estate companies to 37% in 2020: El-Ganainy
Real estate companies’ portfolio reaches about 15% of the total corporate credit portfolio in the bank and exceeds EGP 10bn to 800 clients: Abo Zikry

IDB pumps EGP 2.2bn the Thousand Factories initiative and EGP1.2bn in real estate mortgage financing in November
SMEs portfolio increased to EGP 3bn: Azzam

Investment, Housing ministries coordinate to present real estate opportunities on Egypt’s investment map
40% of Egypt’s area is eligible for urban development, the challenge is their distance to resources, says El-Gazzar

Egypt’s real estate accounts for 16% of GDP, employs 5% of labour force: HSBC
HSBC Economics Team remain positive on its view on the economic outlook for Egypt

Insight Real Estate debuts third phase of its projects in west Cairo
The company has sold its first and second phases with total sales approaching EGP 350m, according to Amr Assaf, chairperson of Insight Real Estate.

Real estate sales rate increased 40% in 2019: study
Ain Sokhna is the most attractive area for tourism and industrial investment in 2019, says Inland Properties

All sectors of the Cairo real estate market have seen improvements in Q3, says JLL
Hotel sector in Cairo reached highest performance levels in over 11 years: JLL

Elite Home delivers five projects in New Cairo
Company develops 20 different projects in New CairoÂ

Concept targets completing sale of Siela North Coast before next June
Company has marketed about 70% of the project, says chairperson

Lack of cooperation between real estate developers and state caused failure of first, second generation cities: NUCA
During a Sunday press conference, Emara stressed that without establishing cooperation between real estate developers and the state, there will be no new cities, noting that the state builds infrastructure of new areas, which facilitates developers’ work later.

IPS Riyadh to start in December with 16 Egyptian real estate firms
City Edge Developments is the event’s strategic sponsor, and AAIB is the platinum sponsor

Introducing sustainable development in Egypt’s real estate promotes property export
Sustainability is a big and comprehensive concept, including green architecture, which preserves the environment, says MHDH co-founder

Egypt’s Real estate sales in 2020 will remain subdued: Pharos
Diversification is key for Egypt’s real estate sector

Real estate stocks take the spotlight, boosting EGX trading this weekÂ
Upward movements within a transverse range await more new catalysts

Commercial projects acquires lion’s share of projects’ demand
The West and East Cairo regions had the highest percentage of companies investing in the commercial sector during the past year, followed by the New Administrative Capital (NAC).

Companies showcase their best offers to attract customers at NextMove exhibition
Companies focus on exhibiting commercial units

Real estate exhibitions: an important tool for company branding
Property developers will showcase their projects at the third edition of NextMove, powered by Cityscape Egypt, the latest consumer property show in Cairo, offering a holistic platform where homebuyers and investors can get all the information they need to buy their first home, holiday home, or source exclusive investment opportunities all under one roof.

Real estate sector manages to preserve its stability
He added that, despite the increase in unit supply in the local market, real estate companies continued to be successful during the first quarter of 2019 due to the increase in local and foreign demand for properties in Egypt.

Q4 expected to boost real estate sales unlike previous three quarters
Real estate exhibitions are a destination dedicated to all those looking for opportunities to move to a new housing or investment opportunity in the constantly rising real estate market.

I Move eyes EGP 120m in sales for developers during Q4 2019Â
El-Sayed said that the company aims to expand the marketing of residential, administrative, and commercial projects during the coming period.

CABW launches its annual Cairo-Dubai real-estate conference
Chairperson of the CABW Abeer Essam revealed that the conference aims to strengthen the confidence in the real estate sector by providing a distinct and balanced investment environment to support this vital sector.

Real estate sales, investments expected to revive after interest rate cut
Interest rate cut would increase local investment by 70%, says El-Bahay Holding chairperson

ERC is planning to launch real estate development projects in 4Q 2019
Company estimates that Bay Village and Bay Condos will be completely delivered by 2023

Drwazah launches EGP 10bn investments in Egyptian real estate market
Company celebrates launching its first branch in Egypt

Egypt’s luxury housing does not exceed 4% of total produced real estate units
Furthermore, he pointed out that the banking and real estate sectors are currently the main supporters of the Egyptian economy, where the growth rate of the real estate sector has always been greater than the growth rate of the GDP–an indicator of the strong performance of Egypt’s real estate sector.

Eight companies plan to issue securitisation bonds in upcoming period
NUCA, Palm Hills, Raya Holding closet to implementation

Lack of legal transparency hinders Egypt’s property export
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson

Cooing brokers real estate sales of EGP 700m in 1H2019
Company targets EGP 1.5bn sales year-end

ODH expects real estate sales to reach EGP 7bn in FY2019
Launch of 3rd phase of O West project in September, says Bishara

CBE studies initiating real estate investment fund: Mountain View chairperson
“We must increase the issuance of an integrated plan for property export and coordination between all parties to promote this industry,” he explained.