Features / Egypt

TAMEER Teams Up with LEADS TFM, Falcon & LYVE to Promote Community in AZAD

Right before it kicks off delivery for its New Cairo compound, AZAD, this month, real estate developer, TAMEER, signs cooperation protocols with several leading community management and security companies as part of their commitment to delivering a safe, well-connected and sociable community

Jumeirah Egypt Obtains Ministerial Decree NO.608 for NAIA BAY in Ras El Hekma

In less than three months since the launch of its first project in the Egyptian market, Jumeirah Egypt has obtained the Ministerial Decree No. 608 on 9/7/2021 & the Land Contract from the New Urban Communities Authority, to be one of the first developers to obtain a ministerial decree from the New Urban communities Authority in Ras El Hekma.

Antoine El Khoury: Institutional Real Estate Future In Egypt Unfolds Massive Opportunities

Antoine El Khoury, Managing Director of TAMEER, is an international real estate investment professional with 33 years of experience globally. He is a strong believer in the future of institutional real estate investment in Egypt. In his speech at the cityscape conference Egypt in September 2021, he shared a number of principles that are being implemented by TAMEER. This new approach to real estate aims to align the practice in Egypt with the mindset of institutional investors and put Egypt on the global investment map. We have had a conversation with him, on the margin of cityscape conference, where he shared his thoughts about real estate and investment.

A Quick Look on Demand in NAC & New Alamein City

With all 40 something new cities, currently underway, gearing up for a big first phase launch sometime this year, several real estate developers and agents across the sector have intensified their marketing campaigns to sell their residential projects in those new cities especially across New Administrative Capital (NAC), New Alamein City, El Galala City, and New Mansoura. Most have secured their target sales given their flexible payment terms and variety of unit sizes, catering to all social classes and purchase power especially in the two highly anticipated cities of NAC and New Alamein

Will the “3% Mortgage Initiative” Lead to A Promising Market Shift?

To finance its housing program across the low- and middle-class segment of the Egyptian society, the government has set the “3% Mortgage Initiative” proposal.

RED hits Egypt With Bold Ambitious Moves

Following his profound years and leadership serving the real estate sector at Coldwell Banker Egypt, RED Chairman & CEO Khalid Bahig gives Invest-Gate an insight on his next business endeavor, the new property consultancy and brokerage firm called Real Estate Domain (RED) in Egypt, taking the real estate market to the next level based on research and market

Virtual Sales Emerge as New Normal in Today’s Property Industry

Invest-Gate reaches out to market leaders to discuss the business benefits from virtual sales, in an attempt to set out ways that imbibe technological advancements to bring about an evolution in the realty space, particularly in terms of revenue streams and sales volume.

COVID-19 Effect on Those Across This Sector

The coronavirus effect on the real estate sector is still questionable especially with the ongoing work on urban projects, and the state’s desire to keep the balance between work and their safety and health. Thus Invest-Gate displays the impact of the pandemic on those working in real estate, mainly construction and architecture. Here is what is going on in some firms amid the outbreak and the worldwide precautionary measures.

Business Strategies Modified To Face The COVID-19 Aftermath

In Egypt, after weeks of self-isolation and social distancing, especially across its vital revenue-generating industries, namely real estate, new business models have developed and marketing strategies have been modified to combat the virus outbreak, to overcome its aftermath, and “get the wheel running” as they say. In addition, work has resumed, especially where governmental projects are concerned, to meet the scheduled deadlines, while prioritizing the safety of workers involved. Invest-Gate meets up with a number of Egypt’s currently active players across the private sector to get their insights on the market and how this global crisis affected their businesses, while reflecting on the strategies they have adopted to overcome this unprecedented time.

Shoukry: Egypt’s Real Estate Market Progresses

“ We urge real estate developing companies to proceed with their projects, emphasizing the importance of serious precautionary measures to protect employees,”Head of the Real Estate Development Chamber Mr. Tarek Shoukry opens up.

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