Under the theme of RISE to the Summit (Real Estate Impressive Successful Experts), Coldwell Banker Egypt celebrates last year’s success at their annual event last night, Invest-Gate reports.

Coldwell Banker Egypt CEO Khalid Bahig, revealed the huge success that Coldwell Banker has made in exceeding 2017 forecast with total sales of EGP 10.25 bn and VS the forecast of EGP 6.5 bn. He also added that the company’s revenues increased to EGP 240 mn in 2017 from EGP 41 mn back in 2013.

Chairman of Coldwell Banker Affiliates of Middle East & Greater Africa Mohamed Abdalla joined Bahig, along with Vise President Coldwell Banker Egypt Mohamed Banany and VP Intercontinental affiliates Samir Farag in acknowledging the company’s top management and the sales teams by honoring them.

Talking to Invest-Gate, Abdalla expressed his satisfaction with the numbers accomplished, especially, after exceeding all forecasts, expecting higher performance for this year.

He said that the increased in developers they work with reflects the boom in the brokerage field, highlighting that the demand is very high on properties in the New Administrative Capital these days.