Features / Real Estate Highlight

2023 Updates on Real Estate Projects in NAC

With a gigantic area of 170,000 feddans, the New Administrative Capital is the ultimate manifestation of the urban and modernization revolution in Egypt. The city hosts a myriad of projects by various developers.

Mortgage Finance Companies: The Savior of the Real Estate Sector

Amid the present challenges facing the real estate sector in Egypt, everyone is betting on mortgage finance as an ideal solution to mitigate and face these challenges, which include the depreciation of the EGP against the USD, the increase in the prices of building materials, and the rising interest rate. Such challenges prompted developers to restructure their plans, and consider all available financing options to enhance their financial to be able to complete their projects.

Did NUCA’s USD Land Allocation Mechanism Get Hype?

To encourage foreign investment in the real estate sector and secure more USD, the New Urban Communities Authority (NUCA) announced a group of facilities and amendments to land allocation mechanisms for service, investment, and urban projects in December 2023.

Is NAC the Winning Bet to Attract Gulf Investments?

With the continued expansion of the Egyptian economy, the government proposes many mega projects, with intentions to promote their projects in various international forums held inside and outside Egypt. Investors are eyeing these opportunities.

9 Reasons Why Egypt’s New Capital Is Best Investment Destination

The New Administrative Capital (NAC) is considered Egypt’s most popular city for investment at the moment, with all recent indicators showcasing it as the capital of the future. The Egyptian government seeks to make the new capital a full-service city, in an effort to attract local, GCC, and global investments.

Why Do Investors Prefer NAC’s Mixed-Use Projects?

The New Administrative Capital represents a glimpse of hope for the Egyptian real estate sector. Therefore, the new capital projects shouldn’t be overlooked in any discussion regarding the performance of the sector. NAC’s projects have adopted many new real estate strategies, including sustainability, modern technologies, and mixed-use projects. Mixed-use buildings are not a modern-day invention, but the launch of the new capital gave it a second life, as real estate development companies increased the volume of their investments in them. Mixed-use projects are also popular among customers due to their high ROI.

The Government’s Move to the NAC … A New Step Towards the New Republic

With the beginning of the year 2023, the gradual moving of the government employees and bodies to the new headquarters in the Governmental District of the New Administrative Capital started after all necessary preparations have been completed. Moving to the new capital is a milestone and an important stage, as it constitutes a significant leap in government performance and upgrading work mechanisms at various levels.

EGS: The Way to Sustainability

While carbon reduction efforts may not necessarily generate higher investment returns, they will play a prominent role in preserving asset value as occupiers increasingly shy away from properties with subpar environmental performance.

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