Latest in Real Estate Highlight
Latest in Real Estate
Mountain View eyes approximately EGP 8bn in sales of 1st phase of co-development in New Cairo, says Chairperson
At the exhibition, Makadi Heights and El Gouna will offer a wide range of properties suitable for all customer segments, including families.
Ezzat said that the proportion of commercial and administrative sales reached 40% to 50% of the sales.
Company invested EGP 200m in Golf Corner Mall
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.
Edris said that the company took a step to implement an integrated urban project in New Assiut city after conducting extensive studies which proved the existence of real demand and great purchasing power in the city.
Arkan Engineering Consultancy has been assigned for project’s consultancy work, says LGD chairperson
Company plans to expand in West Cairo area during the next phase, says chairperson
Company studies obtaining 35-feddan land in Minya or Assiut to develop new mall
Ammar completed the first phase three months ahead of schedule, Essam said, adding that the project is built on an area of 3.5 feddan in the Sixth of October City and comprises of 156 large and small housing units.
Company to deliver 1,900 units in 2 projects next year
New mechanism encourages companies to acquire new land in a safe, stable way away from land dealers, brokers, says developer
El Hag added that the buying and selling movement in H1 of the current year was weak and unstable, but H2 of the year is booming and the company aims to reach sales volume of EGP 350m during 2020.
Fouad added that the company intends to launch the project by the end of the current year, noting that the company plans to complete the project marketing within two years.
The Estates project to be launched in September
Poor performance of traditional real estate agents has unfortunately negatively affected the profession, says RE/MAX Egypt and UAE chairperson
Held under the patronage of the Prime Minister, Mostafa Madbouly, The Big 5 Construct Egypt is Egypt’s largest construction event, providing a platform to foster industry best practices, business and investment opportunities in Egypt.
Company targets EGP 1.5bn sales year-end
Securitisation, discounting transactions of gross receivables portfolio of EGP 1bn during Q4 of 2019
El Sayed said that the first phase of the project spans over 4 feddan and comprises of approximately 550 units with varying spaces ranging from 50 to 110 sqm, in addition to an entertainment area and swimming pools.
He revealed that 60% of the project’s sales is for non-Egyptians. Additionally, the company plans to be present at the Everest real estate exhibition in Kuwait in October.
Paris East Mall’s sales exceeded EGP 1bn, says chairperson
The company targets marketing the project within six months with prices ranging between EGP 40,000-80,000 per sqm.
Company to launch EGP 10bn investment project in east Cairo by 2020, says chairperson
Launch of 3rd phase of O West project in September, says Bishara
MBG Chairperson Mahmoud Al Adl said that the opening of the new branch aims at opening new marketing outlets in the governorates.
Naeem maintains BUY reccomendation for MNHD with TP of EGP 8.59/share
Company plans to launch new 70-feddan project in New Cairo
Other types of tourism should be developed in Egypt, so that it can compete with other countries
Total investments of projects scheduled for approvals recorded EGP 300bn, says Walid Abbas