REAL ESTATE

25 May 2016

TGM Consultants Expands its Caucasus Presence with New Leasing Appointment at Armenia’s Rossia Mall

The owners of the recently launched Rossia Mall in Armenia have appointed TGM Consultants as Leasing Agents to support their retail leasing function. Located in the country’s capital of Yerevan, the first phase of the development was officially opened in the presence of Armenia’s"...

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24 May 2016

MNHD registers 176% increase in revenues with 7,600 units under development

Madinet Nasr Housing and Development’s (MNHD) revenues registered EGP 169.7m during the first quarter (Q1) of 2016, a 176% increase in a year-over-year comparison, according to the company’s standalone financial results issued on Sunday.


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23 May 2016

Real estate developer Rooya says to complete Egypt IPO before 2016-end

Egypt-based property developer Rooya Group is planning to list some of its shares on the country’s bourse before the end of 2016, its chief executive Hisham Shoukri said Sunday.


“The"...

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18 May 2016

Renewed real estate property confidence forecast in Egypt

Despite political and economic headwinds, Egypt’s real estate sector remains strong, according to latest Cityscape report, with last year’s announcement of the Cairo Capital City mega project and the completion of the new Suez Canal expansion.


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15 May 2016

AccorHotels’ presence in Egypt aided expansion across the region: Middle East COO -

During his stay in Egypt, Daily News Egypt had the opportunity to sit down with Olivier Granet, who was appointed managing director and COO of AccorHotels Middle East in January.

Granet oversees the overall operations of AccorHotels’ diverse portfolio of internationally renowned luxury,"...

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15 May 2016

High demand for high-quality commercial real estate in Egypt

CBRE posted the largest revenue among international commercial real estate services and investment firms in 2014. The company has been classified as a S&P 500 by Standard and Poor’s financial services company. The company serves real estate owners, investors, and occupants at approximately 400 offices worldwide.

CBRE"...

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10 May 2016

Al-Futtaim real estate plans to sign EGP 1bn in contracts in 2016

The real estate company Al-Futtaim plans to sign EGP 1bn in contracts in 2016, according to Mohamed Al-Mikawi, the company’s managing director.


The company will increase investment in its Cairo Festival City projects by EGP 2bn, increasing the total investment to EGP 19bn, according to Al-Mikawi.


"......

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10 May 2016

Abraj Misr signs $33mn contracts for ‘The Shore' in Egypt’s North Coast

Egypt-based real estate developer, Abraj Misr has signed construction contracts worth 300 million Egyptian pounds ($33million) to implement more works in its North Coast project, The Shore, its Commercial Director Tarek Bahaa said Tuesday.


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10 May 2016

Construction Co. eyes building 30.000 housing units in Egypt’s new capital city

Egyptian joint stock contracting company, Construction and Design Co. (CONSTEC) submitted a request for implementing 30.000 housing units in the first phase of the proposed new administrative capital city, its managing director Talaat Fawzy said Sunday.

Fawzy"...

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09 May 2016

Sajith Ansar joins Forbes’ Top Indian Leaders in the Arab World list 2016

Sajith Ansar, Founder and CEO of Idea Spice has debuted on Forbes “TOP 100 INDIAN LEADERS IN UAE” this year. The prestigious award was presented to Sajith at a glittering event held at Dubai’s"...

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