The third edition of NextMove Exhibition, powered by Cityscape Egypt, took place at the Egypt Intentional Exhibition Center (EIEC) between October 17 and 19, featuring over 30 exhibitors together with numerous of sponsors and media partners.
During the three-day show, visitors of actively home seekers and prospective real estate investors availed a wide range of discounted offerings and exclusive payment terms, and had the chance to be informed with the newest updates on the latest developments across Egypt, including the the New Administrative Capital (NAC), Greater Cairo, Alexandria, the North Coast, and the Red Sea.
The exhibitors included a slew of leading real estate companies such as Castle Development, Akam Developments, Master Builder Group, Amer Group, Real Mark, Zahraa El Maadi, , Aroma Residence – Sokhna, SAK Development, El Attal Holding, Kudo Company for Construction and Real Estate Investment from Turkey, TCI, Mardif Real Estate Development, New Plan Developments, Aqar Misr, The Land Developers, EGYGAB Developments, Jdar Group, along with key investment institutions from KSA.
Before the eyes of many Egyptian and foreign investors, developers introduced special offers on various types of commercial and residential units, with discounts ranging from 15% to 30%. MBG Development offered clients the opportunity to benefit from a zero down payment and up to 30% discounts on cash payments for the residential units of its NAC’s project, Pukka. SAK Development provided 25% off on the duplex houses offered as part of the final phase of its NAC’s flagship Sueño, while uncovering the V mixed-use project during the exhibition.
Meanwhile, Castle Development showcased the commercial part of East Side compound with exclusive offers up to 15% discounts and 12-year payment plans. In turn, El Attal Holding provided free finishing services and discounts of up to 15% on the commercial units of the first mixed-use project in NAC, Park Lane.
In addition, Master Group rolled out Ibiza Chillout in Ain Sokhna, which spans across a total area of 27 acres on Zaafarana Road in Ain Sokhna.
“Some of the biggest and most influential real estate developers from Egypt and neighboring countries [are participating] in the show over the next three days, offering competitively priced products that will appeal to all price points,” Sales Director of NextMove Alexander Edwards said in a press release.
For his part, Ahmed Mansour, CEO of Castle Development, deemed the show an ideal opportunity to explore the residential real estate market, which is being boosted by the Central Bank of Egypt’s (CBE) recent monetary decisions.
“The exhibition targets the younger generation and those looking for affordable products. Exhibitors are keen to provide a range of real estate projects that suit the requirements of this segment – whether its first-time buyers or those looking for a holiday home,” Mansour added.