Housing Ministry to Launch Offerings & Project Tenders for Developers Soon

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The Ministry of Housing, Utilities and Urban communities will offer several land and partnership tenders in the upcoming period across the country with a return on investment worth of EGP 1,400 bn, Assistant Housing Minister for Technical Affairs Khaled Abbas said at the Cityscape Business Breakfast today, Invest-Gate reports.

Reservation for Non-Financed Social Housing Units Extended

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The Minister of Housing, Utilities, and Urban Communities Mostafa Madbouly has extended the reservation period for non-financially-supported social housing units across 19 governorates for an additional of 15 days, according to a released statement.

Citizens to Finalize Payments for Dar Misr Units by February 5

• Tuesday, 17th January 2017
• by Yasmin El-Beih

The Commercial and Real Estate Sectors at the New Urban Communities Authority (NUCA) has set February 5 as a deadline for payment completion for Dar Misr reserved residential units, Invest-Gate reports.

Endowments Look Into Logistics of Retaining Properties in Greece

• Monday, 16th January 2017
• by Yasmin El-Beih

A Ministry of Endowments delegation recently visited Greece to discuss retaining Egyptian properties in the Mediterranean country.

Government Invests in the Development and Maintenance of Khedivial Cairo

• Monday, 16th January 2017
• by Yasmin El-Beih

State-owned Misr Real Estate Assets Management (MREAM) has completed maintenance and development works on 12 historical properties in Khedivial Cairo, the media office told Invest-Gate.

REDCON Sells 50% of its Blue Capital Project to Swiss Company

• Monday, 16th January 2017
• by Yasmin El-Beih

REDCON for Real Estate has sold 50% of its Blue Capital office project located in New Cairo to ABB for Green Technology to a Swiss company, according to a press release.

Bedaya Opens Reservation of Units in New Cairo’s Premiere Project

• Monday, 16th January 2017
• by Yasmin El-Beih

Bedaya for Real Estate Development has opened reservation for the first phase of its new Premiere residential project located in Lotus, New Cairo, Invest-Gate reports.

New Developments to Commence in East of Port Said City

• Monday, 16th January 2017
• by Yasmin El-Beih

The Ministry of Housing, Utilities, and Urban Communities plans to assign companies that are part of the Suez Canal Authority to develop construction works that will protect and develop artificial lakes and beaches in East Port Said City, according to a released statement.

SODIC Denies Delaying Plan to Develop Project with HELI to September

• Sunday, 15th January 2017
• by Yasmin El-Beih

SODIC corrected rumors concerning delaying the submission of the general plan for project development with Heliopolis Company for Housing & Development (HELI) to September, stating that they only pushed the deadline 10 weeks to March 2017.

300,000 Buildings Prone to Collapse, say experts

• Sunday, 15th January 2017
• by Yasmin El-Beih

There are 300,000 buildings in Egypt prone to collapse, Dr Hussein Gom’aa, head of the Egyptian Association for the Real Estate Heritage, told Invest-Gate.