Savills Egypt has been named “Egypt’s Best Real Estate Agency” at the Euromoney Real Estate Awards 2024, recognizing the firm’s outstanding performance, innovation, and growth in the Egyptian real estate sector, Invest-Gate reports.

This accolade highlights Savills’ dedication to delivering world-class advisory and consultancy services across a wide range of projects.

Between May 2023 and June 2024, Savills Egypt achieved impressive growth, with a 68% increase in revenue and a 76% rise in profits year-on-year. The firm expanded its team to over 165 professionals, providing consultancy for more than 5.5 million sqm across the MENA region and actively managing over 1 million sqm in Egypt.

Savills Egypt also played a pivotal role in major developments, including Orascom Development’s Makadi Heights, Tatweer Misr’s projects, and the iconic Infinity Tower, the region’s third-tallest building. Additionally, the firm managed property sales worth EGP 14 billion for Qatari Diar Real Estate Investment Company.

For his part, Catesby Langer-Paget, Head of Egypt Office at Savills, expressed pride in the achievement, stating, “We are incredibly honored to receive the Euromoney Real Estate Award as Egypt’s Best Real Estate Agency. This recognition underscores our commitment to the Egyptian and MENA markets, where we see immense potential for sustainable growth and impactful projects.”

Notably, the award reinforces Savills’ leadership in the region, cementing its position as a trusted partner for real estate solutions.