Features / Real Estate Highlight

LMD & Imdaad- Misr Enter into an Agreement to Provide FM Advisory and Integrated Services for Two of LMD’s Projects

LMD, Egypt’s fast-growing developer of premium-quality real estate has announced a strategic collaboration with Imdaad-UAE, one of the top 10 facility management companies in the Middle East, bringing Imdaad-Misr to the facility management market in Egypt. Imdaad-Misr, the regional subsidiary of the Dubai-based group of integrated Facilities Management (FM) companies has entered into a new service agreement with LMD. This collaboration aims to deliver a wide range of world-class FM services to LMD’s villas-only project “Stei8ht” in New Cairo and “ZOYA Ghazala Bay”, North Coast.

Cornerstone Development, MIDAR Sign Agreement to Develop 60 Acres in 3rd Phase in Mostakbal City

Real estate developer Cornerstone Development has signed a contract with MIDAR for Urban Development and Investment to develop a 60-acre project in the third phase of the Mostakbal City project in New Cairo, Invest-Gate reports

TLD Achieves 120% of Sales Target in 2023, Attracts Major Foreigners Client Base

TLD - The Land Developers, a prominent real estate developer in Egypt, has achieved significant milestones in the market, boasting a land portfolio of 52 feddans and a capital of approximately EGP 4 bn, Invest-Gate reports.

Egypt is Empowering Its Property Market in H1 2023 Against All Odds

The first half of 2023 brought many challenges for the global economy, disrupting the international supply chains due to the continuation of the Russia Ukraine war. These circumstances caused a wave of inflation that hit various countries of the world. The impact of inflation rippled through various economic sectors, worsened by the central banks' tight monetary policies seeking to curb it.

Egyptian Developers Defy Economic Conditions with EGP 71 Bn in Q1 Sales

The Egyptian real estate market has faced numerous economic challenges in 2022 that have negatively impacted sales. High inflation, currency depreciation, and interest rate hikes have reduced the purchasing power of both local and foreign buyers.

Egypt’s Industrial Cities Drive Investment, Sustainable Growth

Recently, the Egyptian government has shown increasing interest in developing the industrial sector by establishing a new generation
of specialized industrial cities across all governorates. These industrial cities are seen as effective tools for stimulating domestic
investment and attracting foreign capital to the country.

Property Management Companies as Key Players in Egypt’s Real Estate Market

Sometimes, some investors seek the help of individuals or companies with experience and specialization in the field of real estate to ensure the highest guaranteed profit return from their property and real estate.

Proptech: Revolutionizing Real Estate Market in MENA Region

The real estate market in the MENA region has seen significant changes in the last few years, thanks to the wider integration of technology in various economic sectors in the region. The emergence of proptech, a term that refers to the use of technology in the real estate industry, has had a profound impact on how people buy, sell, rent and manage properties in the region. According to a report by MAGNiTT, $128 mn worth of funding has been channeled into the proptech industry in the MENA region in 2021.

Real Estate Brokers are True Selling Factor in Property Sales

In light of the current challenges that the real estate sector is facing during the current period, such as the high inflation rate, the increase in building materials prices, the interest rate, and others, which requires the cooperation of all parties working in the real estate sector to overcome these crises.

Experts: Building Materials Price Instability Threatens Real Estate Investors

The outbreak of the Russian-Ukrainian war in February 2022 and the resulting disruption of supply chains put more pressure on input prices worldwide, pushing inflation rates to record levels. Egypt also had to face the consequences of this war.

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