REAL ESTATE

13 Dec 2017

Government not competitor to real estate private sector: minister

Minister of Housing and Acting Prime Minister Mostafa Madbouly said the government is not a competitor to the private sector in real estate, but it seeks to play a complementary role to meet the needs of the market.

Madbouly"...

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13 Dec 2017

Housing Minister to officially inaugurate 1st edition of Next Move Egypt

Egypt’s Minister of Housing, Utilities and Urban Development, Mostafa Madbouly will officially open Next Move Egypt, powered by Cityscape, tomorrow.

With middle-income housing a priority for the government,"...

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11 Dec 2017

Sawiris interests in establishing social housing project in new capital

Businessman Samih Sawiris, Chairman of Orascom Hotels and Development Holding, a major shareholder in Orascom Housing Cooperative, confirmed that he has a desire to implement social housing projects in the new administrative capital to serve its employees and if put forward by the government.

"...

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10 Dec 2017

Orascom establishes $500m residential project in Senegal: Samih Sawiris

Orascom Development aims to establish a new residential project in Senegal that will be completed in phases over ten years, Samih Sawiris, chairperson of the organisation, told Daily News Egypt.

He added that"...

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07 Dec 2017

Egypt to execute 2,904 units in Dar Misr middle-income housing project: minister

Egypt’s Ministry of Housing will implement 2,904 units, including 121 buildings in New Mansoura City as part of Dar Misr, a state middle-income housing flagship, said Minister Moustafa Madbouly on Wednesday.

Madbouly"...

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07 Dec 2017

Supply Min. :Egypt to build logistic city in Gharbia

Egypt will build the first logistic city in Gharbia governorate on an area of 82 feddan with LE 6 billion ($339 million) in investments, Supply Minister Ali Moselhy said in a statement on Monday.

The new project"...

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06 Dec 2017

A Game-Changing Deal on the Polish Retail Market - EPP Becomes the Leading Shopping Centre Landlord with €692.1 Million Acquisition

(AETOS Wire)-- JSE listed Echo Polska Properties (EPP) today announced the acquisition of 12 major shopping centres and retail parks (M1 portfolio) in three tranches over the next three years. The acquisition from a consortium (owned 25% by Redefine"...

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05 Dec 2017

Government policies commodify housing: 10 Tooba

The government has been actively commodifying housing, says the latest report by 10 Tooba for Applied Research on the Built Environment. The independent institution says the government is advancing the pattern, whether directly, through investing in large-scale, higher-end housing, or through"...

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04 Dec 2017

Housing Ministry to implement projects worth LE4.8 bln in Sinai

Housing Minister Mostafa Madbouly said Thursday 30/11/2017 the Ministry of Housing-affiliated Central Agency for Reconstruction will establish several developmental projects in North Sinai and South Sinai governorates worth EGP 4.8 billion.

The"...

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28 Nov 2017

Al-Abd to deliver third phase of Egypt's Asmarat housing project next month

Egypt’s construction company Al-Abd announces that it prepares to deliver the third phase of Asmarat housing flagship dedicated for risky slums dwellers in Mokattam district within December 2017.

The third"...

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