News / Developers

SODIC Signs 1.3 bn Deal with AAIB to Finance SODIC West Project

Egypt’s real estate developer SODIC announces that it has signed a medium term facility package worth EGP 1.3 bn with the Arab African International Bank to expedite construction works at its mixed-use development in Sheikh Zayed SODIC West, Invest-Gate reports.

PHD Inks EGP 852 mn Loan To Finance 190 Feddans, West Cairo

Egypt’s real estate developer, Palm Hills Developments (PHD), signs a syndicated medium term loan agreement worth EGP 852 mn with the aim of partially financing the recently-acquired 190 feddans in West Cairo, Invest-Gate reports.                       

First Residence Launches Second Phase of Mangroovy Residence in El-Gouna

Egypt’s real estate developer First Residence for Real Estate Development launches the second phase of the Mangroovy Residence in El-Gouna, the Red Sea, Invest-Gate reports.

Al-Ahly for Real Estate Invests EGP 4 mn in 2017

Egypt’s prominent real estate developer Al-Ahly for Real Estate (Sabbour) is to invest 4 mn EGP in the country’s property market in 2017, Invest-Gate reports.

Exhibitors Display over 43 Projects at Cityscape 2017

The sixth edition of Cityscape Egypt this year features over 43 projects ranging from residential, commercial, offices, and hospitality projects, Invest-Gate reports.

Misr Italia Makes Exclusive Payment Offers for Cityscape Visitors

Egyptian real estate developer Misr Italia is offering visitors of this year’s Cityscape Egypt the opportunity to instantly own residential units in Mousa Coast project in the Red Sea by paying only EGP 15,000, Invest-Gate reports.

Cityscape Egypt Features High Turnout in 2017

The four-day Cityscape exhibition highlighted a recovery in the real estate market with a record-high turnout of visitors, Invest-Gate reports.

Visitors Flock to Cityscape Exhibition as Developers Reveal Feasible Payment Methods

Thousands of visitors flocked to the Cityscape exhibition on March 31-April 3 as more than 90 developers made feasible offers on their residential, administrative, and commercial projects, Invest-Gate reports.

YouGov: Appetite for Properties Grows After EGP Flotation

World full-service research company YouGov says that appetite for properties in Egypt has grown since the EGP float, Invest-Gate reports.

Orientals for Urban Development Launches Phase 2 of Heliopolis Hills at Cityscape

Egypt’s real estate developer Oriental Urban Development will launch the second phase of its Heliopolis Hills project at the Cityscape exhibition which will take place on March 31-April 3, Invest-Gate reports.

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