Features / real estate

Experts List Reasons for Recession in Real Estate Resale; Modification of Banking Finance Named Best Solution

Experts interviewed by Invest-Gate regarding their views on the reasons behind the recession in the resale market agreed that the main reason is customers’ desire to collect the price of properties in cash. Another reason is the long-term installment periods that developers offer for new units, along with mortgage initiatives focusing on units under construction. In spite of these obstacles, experts consider banks to be the best solution to revive the resale market which can be realized by developing conditions for banks’ initiatives to include bigger real estate segments.

What Are the Hurdles Facing Development of Official Real Estate Platforms?

Invest-Gate sheds light on the top challenges facing developing an official real estate platform affiliated with the Ministry of Housing, that includes all major underway projects in Egypt, whether executed by the state or the private sector.

LMD Launches ‘Cairo Design District’ at One Ninety as the first global design district in Egypt

The Cairo Design District is the first innovation and design district in Egypt, as it is designed to act as a global creative neighborhood, much as international renowned Design Districts that have a focus on global design, like Dubai, London, Miami, and Milan.

Cornerstone Eyes Expanding Footprints into Middle East

Invest-Gate has an interview with Cornerstone Development highlighting the company’s ongoing investments and its strategies to deal with the latest devaluation of the Egyptian pound and raising prices of construction material, in addition to the company’s future investments.

In Tandem with COP27, Sustainable Green Cities Become Best Solution to Overcome Climate Changes

The real estate sector is one of the key contributors to global warming, as the sector accounts for 40% of the world’s carbon dioxide emissions, according to Forbes.

YBA Presents Various Projects at Annual Global Exhibition

Yasser Al Beltagy Architects participated in the annual real estate exhibition Cityscape where 200 real estate developers were present at the event.

A look at Egypt’s Real Estate Sector Following CBE’s decision to Raise Loan Limit by 100%

In September 2022, the Central Bank of Egypt (CBE) raised the maximum limit for companies to borrow from government banks by 100% to EGP 500 mn without referring to it.

Cityscape 2022 Records Unprecedented Sales

The 11th edition of Cityscape Egypt 2022 saw a great turnout of participants looking for real estate investment opportunities, besides achieving unprecedented sales compared to previous editions of the exhibition.

IGI Developments to Reveal New Launches at Cityscape Egypt 2022

As Cityscape Egypt 2022 comes with great opportunities, Invest-Gate sits with IGI Developments’ Managing Director Sherif Moustafa a profound key market player in Egypt’s real estate industry, shedding the light on IGI Developments’ latest projects and what it will unveil in 2022’s Cityscape edition.

Kerten Hospitality’s 1st Project to Open in Egypt Soon

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.

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