Features / The Real Deal

Invest-Gate Releases Recommendations for Best Ways to Tap into the Investment Potential of Egypt’s Real Estate Sector

Invest-Gate has concluded its first roundtable discussion in 2024, the twenty-first in its series of events, on Wednesday, February 14th, discussing the best ways to leverage the immense investment potential of the Egyptian real estate sector.

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.

cred Reports EGP3.4 Bn Contractual Sales in 2023, Sets EGP7 Bn Target for 2024: CEO Tells Invest-Gate

Real estate company “cred” achieved total contractual sales of EGP 3.4 bn in 2023, CEO Ahmed Mansour said during an interview with Invest-Gate.

New Mansoura: Elevating Dakahlia Governorate To A Premier National Tourism Destination

New Mansoura City, located in the Dakahlia Governorate, is a newly established urban center. It falls under the category of fourth-generation cities, as designated by a presidential decree on March 1, 2018, as part of a comprehensive urban development initiative to establish novel cities.

New Borg El Arab City: A Comprehensive Infrastructure Overhaul

New Borg El Arab City, a prominent first-generation urban center currently in the construction phase within Alexandria Governorate, is making substantial progress in its development. Situated close to the North Coast and merely 8 kilometers from the bustling coastal road, the city boasts a strategic location near well-frequented tourist destinations and the rapidly emerging New Alamein City.

New Universities in Contemporary Urban Centers: Driving Education and Economic Prosperity

Developers in the real estate sector and the Egyptian government recognize that education is the key to achieving a higher standard of living and attaining greater accomplishments.
Accordingly, they have been keen on establishing various universities, including private, community, and branches of government universities, with their respective faculties in new cities.

This initiative aims to create integrated urban communities that provide educational aspects alongside essential health and civic services. It aligns with the government's efforts to build new cities to accommodate the rapid population growth in the Arab Republic of Egypt.

New Alamein: A Thriving Integrated City Beckoning Investors

New Alamein City stands out as a fourth-generation environmentally friendly city with a strategic location. It encompasses tourist and industrial areas and hotels that rival and surpass international cities in various aspects. It is actively seeking more investments, both in tourism and real estate.

Unraveling the Industrial Developer System: A Catalyst for New Cities Post-Privatization

The onset of Egypt's urban renaissance several years ago, along with the extensive construction of new cities across the nation, highlighted the necessity of creating a cohesive infrastructure that offers comprehensive amenities and services within these cities. Achieving this objective required a collaborative effort involving diverse agencies and institutions, spanning beyond the real estate sector and encompassing both the public and private domains.

Assessing the Impact of New Cities on Easing Cairo’s Congestion

With a population exceeding 105 million citizens and nearly 9 million foreign residents, Egypt boasts a sizable and continually expanding populace. It currently holds the 14th position among the world's most populous nations. The population issue has been a long-standing concern for successive governments, impacting various facets of life in Egypt.
This is precisely why the construction of new cities has been initiated, with the promise of mitigating congestion in Cairo. The Egyptian capital's population has now surged to 10.3 million, as per the continuously rising population estimate maintained by the Central Agency for Public Mobilization and Statistics (CAPMAS).

Cityscape 2023: Energizing Real Estate, Boosting Hard Currency

Cityscape, renowned as the premier real estate exhibition in Egypt and the Middle East, offers investors and clients a great opportunity to showcase and get acquainted with new projects.
Against the backdrop of economic challenges such as high inflation rates, this vital event serves as a forum for investors and real estate companies to present their investments, along with discussing strategies to propel the real estate industry forward.

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