The Egyptian economy is very promising, as it has many serious potentials and opportunities.
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
As a second wave of the COVID-19 outbreak emerges, Invest-Gate attempts to explore the dynamic relationship between economic growth and real estate, reaching out to several key market players to find their insights on the role of the brick-and-mortar industry in pushing the Egyptian economy forward, despite the global disruption due to the continued health crisis.
To what extent did the outbreak skew buying trends in Egypt? What are the affordable price points in the face mask era? And how to assess consumer affordability to adjust real estate prices accordingly? Invest-Gate takes these concerns to local realty players who will define the post-Coronavirus consumer behavior and dynamics, in a bid to spark rebound in real estate demand by understanding market conditions.
Despite the ongoing effects of the COVID-19 crisis, Egypt’s property developers enjoyed a bumper Q3 last year, with sales turning positive on a YoY basis, reflecting optimism for a quicker and more robust recovery over 2021, according to Invest-Gate’s latest market overview report, titled “Scope-Out Egypt’s Real Estate Scene in 2020.”
Looking forward to 2020 and beyond, Invest-Gate reaches out to a panel of Egypt-based real estate developers to identify the extent to which this year's realty sector stands in stark contrast to previous periods amidst the COVID-19 outbreak, attempting to determine what could the 2021 property market have in store.
With Egypt being one of the largest rising realty sectors in the MENA region for the past couple of years, we happen to bump into the question of how safe it is to gamble on real estate amid the pandemic. Invest-Gate takes these auguries to local market players to figure the bottom line.
Following an in-depth analysis of the bottom line, back when all ongoing private housing work came to a six-month halt until owners present unit masterplans to verify fitting with building codes, Invest-Gate provides updates on the controversy over Egypt’s Construction Violations Reconciliation Law. We also give an assortment of developers' reflection entries to draw a complete picture of this so-called "tailor-made pandemic for real estate."
To give a little sneak peek into what to expect from the four-day event, Invest-Gate speaks to exhibiting companies and developers and gets an overview of Cityscape Egypt 2020. We aspire to manifest what property exhibition offers to boost real estate demand, following more than six months of almost complete paralysis.
Invest-Gate asks the founders of Egypt's first virtual property show, or "Vestate Expo," along with the exhibiting real estate companies, to share the redeeming qualities of such exhibitions in an otherwise disrupted industry that relies on its events business, while exploring ways to properly fare this appealing approach in the local realty sector.