Starlight Developments announces its commitment to invest around EGP 10 bn in the Egyptian real estate market over the next three years.

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.”

Egypt held the fourth edition of Investment for Africa Forum 2019 in the New Administrative Capital (NAC) on November 22 and 23, under the patronage of Egyptian President Abdel-Fattah El-Sisi, in a bid to “forge investment deals and make announcements of numerous megaprojects that will contribute to inclusive and sustainable growth in the African continent."

Most dealers focusing their bets on real estate assets have always been craving for hassle-free exposure to the property sector. Over the years, Real Estate Investment Trusts (REITs) have evolved to be one of the fine-tuned tactics to stimulate penetration into the market without the worry of ongoing maintenance, management tasks, and ever-changing policies.

Invest-Gate takes a tour around the most remarkable sports facilities in Egypt, shedding light on multiple investments run by the government and real estate developers in this regard.

Minister of Housing, Utilities, and Urban Communities Assem El Gazzar paid an extended visit to the iconic New Alamein on May 26 to check on the latest updates related to the under-development national projects there, which reflected that works are in full swing to hand over the new coastal city ahead of schedule.

The state is moving towards upgrading specialized industrial zones into fully-fledged cities, coming in line with President Abdel-Fattah El-Sisi’s directives.

Invest-Gate reviews the different laws related to the real estate sector, starting from the existing laws pending amendments to some long-awaited laws for buyers and developers.

Cairo remains one of the oldest cities in history with diversified civilizations and a mix of cultures. As we have learned in school its prime location on the old world map has led to it being cosmopolitan where Europeans, Asians, Middle Easterners, and Africans meet, trade, and mate. Even throughout modern history, its location has helped shape world politics and economies. Having said that Cairo is one historical hub that is a must visit and a great investment option