Latest in Tag: Real Estate Highlight
Latest in Tag: Real Estate
Arkan Palm contracts with Gensler to develop 205-feddan project’s masterplan
Project’s investments worth EGP 59bn, says Badr El-Din
Albostany markets 50% of medical centre with EGP 250m investments
Launching residential, administrative project in Degla Maadi area soon
SODIC’s advance cheques for real estate projects reach EGP 11.4bn
Company disburses EGP 1.8bn out of EGP 3.2bn worth credit facilities
Real estate council submits proposal to meet challenges of real estate investment
The proposals would help to coordinate between the four entities in order to find innovative solutions to some of the problems affecting the growth of real estate investment in Egypt.
New Avenue achieves EGP 5bn in sales for developers in 3 years
El-Dessouky further noted that the company achieved sales exceeding EGP 2bn for developers in 2018.
Talaat Mostafa Group: Egypt’s leading real estate developer
In 2018 TMG achieved EGP 1.7bn in profits, followed by MNHD with EGP 1.08bn, Palm Hills EGP 811.7m
Intelli-Cities exhibition to be held in December with participation of 15 real estate developers
New Administrative Capital expected to participate in Intelli-Cities: Kamal
The Address purposes achieved EGP 3bn in sales for developers in 2019
Company recorded EGP 1.4bn in sales for developers during 2018: Chairperson
Hisham Talaat Moustafa’s projects houses 0.7% of Egyptians
The population who inhabit Talaat Moustafa Group’s (TMG) projects reached about 700,000, according to the group’s data.
Trulia for Real Estate to contract with 30 developers to market their projects
Trulia for Real Estate has started contracting with a group of leading real estate developers in Egypt to market their residential, commercial, and coastal projects, and is negotiating to include more projects in its marketing portfolio. Ahmed Abdel Naeem, chairperson of Trulia, said his company has started contracting with 30 real estate companies to market …
Al Marasem launches ‘Partners Not Only Clients’ real estate investment system
Partnership system: investor owns 50% of unit value, Al Marasem owns other 50%
Egypt’s real estate prices have hiked by 75% since pound flotation
Real estate prices in the Egyptian market have hiked by an average of 75% since the floatation of the Egyptian pound till now, according to Mahmoud Abdel Halim, chairperson of MREC for Integrated Real Estate Services. Abdel Halim noted in a press statement on Thursday that the price spikes in some projects and regions reached …
Cairo’s real estate market performance remains strong in Q1of 2019: 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 …
Sabbour Consulting, Hometown contract to design Zaha Park New Capital
Sabbour Consulting and Hometown Real Estate Development contracted to design and supervise the implementation of Zaha Park New Capital, a commercial administrative project, in the New Administrative Capital (NAC). Founder of Sabbour Consulting, Hussein Sabbour said, “According to the contract, our office will provide all engineering consultations for the design works, and supervise the implementation …
Law for establishing real estate developers federation likely to be issued within two months: Housing Ministry
Coping with international standards helps Egypt to boost its real estate exports, says Mountain View’s chairperson
MG Developments begins implementation of HQ project in New Cairo
MG Developments has begun the construction of the Headquarters (HQ) business project placed in the first sector on 90th street in the Fifth Settlement, New Cairo, on 11,000 sqm. The company launched the HQ project last November, and it comprises of commercial and administrative units, with total investments worth EGP 1bn. Chairperson of MG Developments, …
Aristo to market residential resort in Egyptian market with €100m in investments
Company sold property to Egyptians with sales worth €20m in 3 years, says Marketing Manager
ERA targets EGP 3.6bn in sales for developers during 2019
Company focuses on marketing commercial, administrative projects, alongside residential ones
SAK exceeds EGP 200m in sales during Cityscape exhibition
Company sells two phases of Sueño project, says CEO
Real estate companies showcase their best offers to attract Cityscape visitors
Over 60 real estate companies competed to showcase their best projects in the Cityscape Egypt exhibition this month. The exhibition witnessed several new projects, along with a package of offers by exhibitors in order to gain the largest share of exhibition visitors. Cityscape Egypt took place in the period from 27 to 30 March at …
Rooya Group targets EGP 3bn in sales during current year
Company plans to inject EGP 2.5bn in investments in local market, says chairperson
El Batal invests EGP 9bn in Egypt’s real estate market
Company aims to raise its capital to EGP 1bn by end of 2019
MBG contracts with EHAF Consulting Engineers to supervise Pukka project in NAC
Offering company’s commercial mall for sale in 2 months, expected revenues of EGP 1bn, says chairperson
Tatweer Misr Targets EGP 6bn in Sales Across its Projects in 2019
Company achieved EGP 2.5bn in sales at Bloomfields, says Dr. Shalaby, CEO and Managing Director
Al Ahly Sabbour eyes investments in New Alamein, NAC
Company aims to record EGP 10bn in total sales of GAIA project, says CEO
Madaar to begin implementation of Azha project’s second phase in six months with investments worth EGP 6bn
Company is directing EGP 13bn in Azha Ain Sokhna, says CEO
EGP 4.1bn in sales of Talaat Moustafa Group since January
Market does not face real estate bubble, says Moustafa
Private sector’s participation in implementation of Egypt’s Vision 2030 should be increased: Cityscape
Egypt is implementing several new cities and urban communities to double the state’s urban area and absorb the continuous population increase, which reflects the size of development and investment opportunities currently available in Egypt, according to Fathallah Fawzi, the general manager of the Cityscape Egypt conference. During the opening session of Cityscape Egypt on Sunday, …
Real estate sales see no deceleration, more services required in new cities: developers
Co-Founder, chairperson and CEO of DMG-Mountain View, Ayman Ismail, said that real estate sector represents about 16% of Egypt’s GDP and is considered an influential market and locomotive for economic growth. Ismail refuted reports about deceleration in the performance of the real estate market during the recent period, referring to the financial results of real …
El Gazzar to outline government’s real estate vision at Cityscape Egypt 2019
Real estate leaders meet to discuss sector’s future