Latest in Real Estate Highlight
Latest in Real Estate
Project’s investments reach EGP 2.5bn, says commercial sector head
Project is residential compound comprised of 2,000 residential units, says sales head
Elzayat explained that the company is offering a variety of projects in the exhibitions and is participating with the largest real estate portfolio that combines various residential, coastal, hotel, and industrial projects in various parts in Egypt.
Compound to be the first delivered project in Mostakbal City by 2020
Company has to complete 25% of its project within a year since obtaining ministerial approvals, says ACUD Chairperson
Company to launch 2 new branches in Saudi Arabia, UAE in H1 2020, says CEO
The company also has three other shopping centres in the NAC, including La Capitale, Champ Elysees, and Grand Square malls.
ACUD denies negotiations with banks to obtain loan worth EGP 2bn, says Chairperson
The visit also included reviewing the experience of establishing the Capital and the huge investment opportunities in the city.
According to the report, there is a 32.2% increase in the number of housing units implemented by the government, reaching 105,100 units in FY 2017/18, compared to 100,500 units in FY 2016/17.
Company first offered the units for EGP 10,850 per sqm
Company preparing to launch Rhodes Island on 50 feddan in Ras El Hikma compound
Sixteen companies appliy for ministerial approval in H1 2019, says spokesperson
Egypt has achieved great success in organising the AFCON and dazzled the world by organising the opening ceremony
The contract was presented to the ministerial committee for the settlement of investment contracts disputes yesterday, the statement said.
In this context, it should be noted that in no case may the land be withdrawn from any of the developers contracting with the ACUD on various activities without obtaining a final judicial decision.
Developers, brokers are to continue focusing on digital platforms to reach largest segment of future buyers
Director of Business Development at RE/MAX Egypt, Sherif Mahmoud, said the company’s sales increased by 80% in the first half (H1) of 2019 to EGP 6bn, compared to EGP 3.250bn last year
Better Home Group’s General Manager Ashraf Adel said that organising the Africa Cup of Nations (AFCON) in Egypt supports the country’s tourism and investment promotion initiatives and confirms its restored political and security stability
Al Adl pointed out that the company has achieved a 70% sales volume in the Pukka project, which includes more than 1,680 housing units on an area of 40 feddan
Company invests EGP 250m during current year
Egypt needs to organise similar events, visits to encourage Arab, foreign investments, says developer
Company signed cooperation protocol to fund establishing an official school in New Capital
Law contravenes ruling of Supreme Constitutional Court, says housing committee member
Parliament’s economic committee approves new Egyptian criteria for real estate appraisal
“We intend to engage in further securitisation and discounting transactions in FY 2019,” says Mansour
Mortgage finance companies offered loans worth EGP 392.7m during April 2019
Project to be built over 109 feddan within five years
Egypt is making strong strides in the field of digital transformation, Internet of Things (IoT), and artificial intelligence (AI) through the creation of smart cities and communities, which will put it in the ranks of technologically advanced countries in the coming period, he noted
The Egyptian Real Estate Council proposed to set an interest rate of 8-12% on mortgage finance for middle-income housing units