Nextmove Exhibition’s activities ends with a huge presence of visitors and many offers from participating companies in the exhibition, Invest-Gate reports.
The fifth edition of the event took place during May 26th-28th at the Cairo International Convention Center in Nasr City.
Nextmove Exhibition Manager Robier Danial says, “The exhibition sees a huge turnout by visitors interested in real estate, and is expected to achieve EGP 1 bn sales.”
“The exhibition has diversity in the presented projects as it includes more than 20 companies focus on the quality of over 100 projects, as developers are keen on offering different payment methods extended to eight years or more with a 5% down payment,” Danial explains.
He further comments, “Since its first day, Nextmove has witnessed a huge turnout from buyers and investors to see exclusive offers on various projects that were announced in the exhibition for the first time.”
“This year, the exhibition sees huge participation of the most important real estate developers to present their projects, besides special offers for visitors. that highlights the role of Egypt in encouraging investment and developing infrastructure further supporting the real estate market,” Danial adds.
Regarding the fifth edition of Nextmove, Hassan Nasr, CEO of Gates Developments, states, “The exhibition achieves a great success every year through the participation of real estate developers, in addition to the high turnout by visitors, which confirms the success of the exhibition.”
“I am very optimistic about the Egyptian real estate sector and its ability to always surpass all Challenges,” Nasr adds.
Hassan further notes that the company is showcasing three projects in the exhibition: WestGate in the 6th of October City, AUDAZ in the NAC, and VENIA Compound in the NAC, with payment method extending to 10 years.
He explains that the company is targeting EGP 3.2 bn sales in 2022, noting that the company is currently studying two projects in Sheikh Zayed and the Fifth Settlement, in addition to two other projects in the North Coast and the Red Sea.
For his part, Ahmed Zyada, Head of Marketing and Public Relations at ARQA Development Group, expresses that Nextmove Exhibition is one of the strongest events in the real estate market, as it is organized by Canada’s Informa Markets that organizes Cityscape Exhibition, the most powerful exhibition in the world.
Zyada points out that the company is participating with I-Business Park project, the first three towers in the New Capital of Egypt, in the NAC, in addition to Aviary Park Project that features hanging restaurants and cafes at a height of 91 meters.
He further explains that the company has special offers on cash, including “semi cash” with 50% down payment, in addition to 30% and 33% discounts on commercial and administrative units, respectively.
For his part, Hatem Adel, CEO and member of the board of directors of United Development, indicates that the company is participating in the Nextmove 2022 with G Bay project in Ain Sokhna and G3 MALL project in the NAC, expecting EGP 80 mn to 100 mn sales during the exhibition period.
Adel adds that there are discounts of up to 5% on G Bay project and 10% on G3 MALL project during the exhibition period, stressing that the NAC’s projects have the largest share of demand, whether residential or commercial.
Mohamed Hamdy, Head of the commercial sector of Khaled Sabry Holding, sheds light on the importance of real estate exhibitions in terms of providing direct contact with clients and achieving the company’s targeted sales.
Hamdy further explains that the company presents offers on its projects in the NAC with discounts of up to EGP 1,000/m during the exhibition period along with an additional year for installments. Moreover, offers on residential units are zero down payment for 100 months and discounts of up to EGP 80,000/unit.
Commenting on Nextmove 2022, Ali Gaber, CCO at Capital Link Developments says, “The company has five projects in the NAC that vary between commercial and residential projects and sees high turnout, namely on Solano, Dorado, Verona, Laval and Kardia projects, expecting further sales increase during the exhibition.” Gaber adds that this is not the company’s first participation at Nextmove as it is characterized by the impressive organization, the distance between the pavilions and the high turnout of visitors.
Ahmed Metwalli, CCO at Real Mark Company, also praises this year’s edition of Nextmove. He says, “Our participation at Nextmove comes to promote projects affiliated to Holding Company for Construction and Development (HCCD) of the Ministry of Business Sector among other development companies. Furthermore, the private companies that Real Mark represents, follow the latest means by providing special offers and facilities and payment periods of up to eight years for the exhibition’s visitors.”
Tariq Khalil, owner and founder of Marota Developments, says that the company participates in the exhibition with a distinctive package of the Mastro Mall project’s units as discounts of up to 45% and a downpayment starting from 5% with various payment systems suit all citizens for up to 10 years, pointing out that the NAC’s projects lead the demand movement in the Egyptian market.
Nextmove 2022 runs from May 26 till May 28th and features a variety of mixed-use projects across Egypt’s major cities namely NAC and New Alamein and the North Coast. Exhibitors offer visitors 8-year installment plans with a 5% down payment. Participating companies includes Capital Link Development, Akam Developments, Deyar Misr Developments, Locations Developments, Taj Misr Developments, cred Developments, Gates Developments, ARQA Development, Real Mark Company, and MBG Development.