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.
The Egyptian urban development plan does not limit only to buildings in new cities far from the center. But also, it is a promising plot to improve the livelihood of Egyptians in all aspects. Establishing mega projects means as well as business opportunities, jobs, and investments.
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.
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.
Following the booming success of the unforgettable “Bab El Ezz” Sohour, Invest-Gate asked its honorable guests of high profile developers about their insights on the event’s cause to support leprosy patients. Here are what they said.
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