A panel of experts at JLL’s ‘Resilience Reframed – Capitalising on Egypt’s Real Estate Opportunities’ event in Cairo resilience in Egypt’s real estate market, Invest-Gate reports.
The experts highlighted that despite the current macroeconomic challenges impacting the pace of activity in Egypt’s real estate sector, the easing of inflationary pressures will shape the recovery in real estate transactions and asset values. This demonstrates the industry’s long-term adaptability and resilience.
Industry analysts stated that the luxury hospitality segment is experiencing high momentum of growth, alongside strong demand in the residential sector and numerous project announcements to meet evolving market needs. These factors present a compelling prospect for stakeholders aiming to capitalize on real estate opportunities in Egypt.
Real estate remains the preferred investment choice as a means of safety and security amidst the current economic challenges brought by currency devaluation, increased inflation, higher interest rates, foreign exchange (FX) shortages, and import constraints.
Furthermore, although the pace of recovery may vary across sectors, investment transaction activity is expected to rise in the coming years as the economy gradually recovers, stabilizing the market and increasing predictability in interest rates and debt markets.
In the face of uncertainty, JLL experts advised adopting alternative strategies to construct a diversified real estate portfolio aimed at generating recurring income and mitigating risks. Navigating through sector diversification demands agility, creativity, and time, but promising opportunities lie in undersupplied resilient segments such as healthcare, logistics, and education.
Additionally, the high-income growth sector of hospitality also presents alluring prospects for those willing to adapt and explore new avenues.