Under the patronage of H.E. President Abdel Fattah El Sisi, The Real Gate Exhibition and Conference, the first local flagship hybrid and virtual real estate marketplace, is to take place at the Egyptian International Exhibition Center (EIEC) from March 25 to 27.
The event is organized by ACG-CBE, a joint venture between ACG-ITF, one of the largest exhibitions and conference organizers, and Coldwell Banker Egypt.
The exhibition will host more than 40 leading real estate developers showcasing their diverse portfolio of projects from across the country providing expatriates, residents, and international businesses looking for residential and commercial units with “matchless investment opportunities in the real estate sector in one place,” the official statement reads.
ACG-ITF Chairman and CEO, Ahmed Ghozzi says, “The Real Gate will act as a focal point for real estate developers, investors, and potential buyers in a revolutionary setup introducing the first-of-its-kind hybrid in-person and virtual real estate exhibition in the Egyptian market.”
He adds, “The patronage of the Presidency is a testament to the continuous efforts Egypt is exerting to develop and enhance the real estate sector as a key driver for economic growth and one of the main pillars of Egypt’s 2030 economic vision.”
The Real Gate will take on a hybrid format to overcome travel restrictions due to the current COVID-19 pandemic and reach international and regional audiences from the heart of Cairo both physically and virtually. The event will be an outlook over the future of Egyptian real estate market.
The event’s main goal is to prepare investors, home seekers, and real estate developers for the future by introducing an all-inclusive, first of its kind unique experience that connects Egyptian project owners with their customers worldwide and covering all frontiers of the real estate sector: residential, finance, and investment.
Egypt’s real estate market is seeing robust demand with an estimate of 800,000 units needed every year. The ongoing development and construction of 20 new cities, in addition to the development of the 23 existing communities, present attractive investment opportunities in Egypt.