JLL expects a new wave of e-commerce transformation across Egypt, especially in Cairo, after showing a notable growth potential following the coronavirus fallout

US-based commercial real estate services firm JLL unveiled that the Egyptian market experienced a “roller coaster ride” last year, with a wide range of “booms and busts” being addressed by the government in line with Egypt Vision 2030

US-based commercial real estate services firm JLL has highlighted that Cairo’s real estate market saw a positive performance across all subsectors, including hotel, residential, retail, and administrative developments, in Q3 2019.

Invest-Gate wrapped up its fourth roundtable on October 16, titled "Means of Attracting Future Real Estate Investments," under the auspices of the Ministry of Housing, Utilities, and Urban Communities, presenting a plethora of recommendations to uplift the Egyptian property sector.

Invest-Gate has successfully held its fourth roundtable on October 16, entitled "Means of Attracting Future Real Estate Investments," under the auspices of the Ministry of Housing, Utilities, and Urban Communities, capitalizing on its long-term vision and underpinning its standing as "the voice of real estate."

JLL, the world's leading real estate investment advisory firm, is to provide leasing and consultancy services at its latest endeavor, THREE SIXTY – Business & Leisure Park.

JLL revealed in its latest report that Cairo’s real estate market, with its various sectors, remained strong and saw healthy demand levels throughout the first half of 2019.

JLL, a real estate investment advisory firm, expects the Egyptian residential sector to see growing foreign investor confidence in 2019 for its positive performance throughout the prior year.

Cairo’s real estate market is recording an ongoing improvement in performance across most sectors, particularly the residential sector as it is benefiting from soaring sale prices in 2018, Invest-Gate reports.

The recent EGP float has resulted in a 23% inflation, which is expected to increase to 25%, affecting the prices of residential units which have increased by 30%, according to JLL’s Head of MENA Research Craig Plumb who spoke at Cityscape’s Business Breakfast today about Egypt’s accomplishments in the real estate sector in Q4 of 2016 and the upcoming economic challenges that will meet the residential, tourism, retail, and office sectors.