Latest in Real Estate Highlight
Latest in Real Estate
Government, real estate developers can cooperate to preserve real estate market in face of health crisis
Project features outstanding designers Mohammed Hadid, Raef Fahmy, and VDP
Developers to reduce marketing, construction costs during crisis by 50%-75%, says Aqarmap
El-Gazzar met with a number of investors and developers on Thursday to review the current status of their projects in the 10th of Ramadan City.
Abdel Raouf added that attention must be paid to distributing the funds equally to all contracting sectors companies, regardless of their size.
Public tender project offers should restart, opportunities expanded in construction sector, says Abdel Raouf
Full real estate sector recovery expected in one year, though less sales expected due to crisis says Degheady
The amendments aim to minimise tax liability on factory owners and encourage certain productive sectors and strategic services.
Macroclimate to benefit construction industry in coming period, Allam
Project has seen rapid progress, with several leading construction companies involved in bidding
Company eyes EGP 7bn sales by year-end
Company signed protocol with aiBANK to finance clients, negotiates with other banks, says chairperson
The report said 67% of these exports went to Saudi Arabia, Libya, Spain, the US, the Netherlands, Kenya, Italy, and Uganda at value of $113.077m.
Opportunities for structural change to how cities are developed following the pandemic
The new luxurious villas only compound spans over 40 feddan, and is currently in the process of obtaining ministerial approval for the project development.
Construction work has not stopped despite Covid-19 outbreak with projects remaining on schedule, say developers
El Shehry added that the local real estate market remains, so far, unaffected by the ongoing pandemic. He highlighted that, although there had been a slowdown in sales, companies have yet to record losses or a halt in sales.
Members agree to preserve employment, pay salaries, take preventive workplace measures
The precautionary measures have been put aside in the case of the construction industry to ensure projects with a national interest currently under development are completed quickly.
Company intends to develop property projects in coming period, enter partnerships to develop commercial and hotel projects
The FRA said that the value of mortgage refinancing decreased to EGP 14m in January 2020, compared to EGP 101m in the same period last year. This marks an 86% decline.
Kazan Plaza spans over 12,000 sqm and contains commercial and administrative units as well as a multi-storey garage according to the project’s masterplan, said IEC Chairperson Faysal Abo El Azm.
It added that the price of Portland cement recorded a decline in February 2019 to EGP 850 per tonne. This marked an 8% decrease on the same month in 2018.
Moreover, contractors have thousands of labourers who need to work to secure appropriate income and it would be the companies’ responsibility to pay them regularly even if they were forced to reduce working hours or days.
Company studies investment opportunities in New Alamein, New Capital, and Ain Sokhna
Company eyes EGP 3.5bn sales in the project, says CEO
Company continues its offers in March; strong precautions are being taken to combat Coronavirus, says chairperson
CEO, Mohamed Hany El Assal: Company Expects Ministerial Approval for Vinci Project In New Administrative Capital Within A Month
Company intends to direct EGP 3.5bn investments to its projects this year, up from EGP 1.5bn last year, says chairperson
Company to participate in Dubai Expo to attract international investors to New Capital