Invest-Gate interviewed Ayman Amer, the General Manager of the Sixth of October Development and Investment Company (SODIC), to share insights on sales growth, expansion plans, and strategic resilience.
M squared, the leading company in real estate development, revealed the completion of 40% of the construction work for the first phase of Masyaf Ras AlHekma project on the North Coast.
Egypt has emerged as a prominent investment hub in the Middle East’s real estate market, owing to its strategic location, contemporary designs, picturesque views, and other aspects. On top of these investment options, the North Coast stands out as the most sought-after destination in the Egyptian real estate market. This trend is particularly evident during the summer season, with a surge in demand for ready-made units, coupled with the return of many Egyptians working abroad.
The British Hospitality group is set to open a luxury boutique resort hotel and serviced residences for the first at The Med – North Coast.
With over 40 projects worldwide, one of which is soon opening in Egypt’s new area Il Monte Galala, Kerten Hospitality is ongoing with its global footprint expansion. In an exclusive interview with Invest Gate, the Group’s COO Wafik Youssef focuses on the real estate opportunities in Egypt, highlighting the potential for growth in the country, and hinting to the group’s interest to expand further.
In an exclusive interview with Invest Gate, CEO of Kerten Hospitality Marloes Knippenberg highlights the need for a shift towards ESG investments, operations and Ecosystems. She shares insights about the rollout of the Group's ESG-focused ethos across all properties, pipeline of developments as well as operations - a strategy that centers around Locality, support for the communities around projects and an embrace of a more sustainable operations mode
Starlight Developments acquires Redcon Construction to implement See The Sea phase at its Katameya Coast project on the North Coast at an investment cost of EGP 3bn. Katameya Coast is located 180 km from Alexandria to Marsa Matrouh, featuring seven elevated platforms to guarantee all units with a sea view.
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.
Fulfilling Jumeirah Egypt’s vision to create fully-fledged gated communities, “We strive to maintain the concept of sustainability by running our business in Egypt via a group of subsidiaries to provide a vast range of inclusive services with the purpose of surpassing wholeness in everything we do,” says Jumeirah Egypt CEO Hisham El Danasoury.
Starlight Developments announces its commitment to invest around EGP 10 bn in the Egyptian real estate market over the next three years.
