Categories: Real Estate Overviews

Egyptian New Investment Trend: Commercial and Administrative Projects

 

2019 has witnessed a tangible trend within the Egyptian Real Estate Market. There is an obvious inclination to invest in commercial and administrative space; and hence, a boom in the development of said projects has taken place.

Currently, 13 main projects take the lead within the market. The area of New Cairo takes the cake! With 7 complexes launched in 2019 and 1 in 2018, New Cairo is moving head-on in becoming the new business beacon in Cairo. Heartwork by DMG, Every by Hassan Allam Properties, Hyde Park Business District by Hyde Park, Three Sixty by Landmark Sabbour Development, Mindhaus by Marakez, Eastown Commercial by SODIC, 5A by Equity Real Estate Development, and Mivida Business District by Emaar Misr. Between them all, the variety of commercial and administrative space held in just the New Cairo area promises something for everyone’s taste. The trend is not only apparent in that area though. All the way across the capital, O West Business District by Orascom  as well as Golf Central and Hale Town by Palm Hills lead the scene in the 6th of October area. However, with the New Capital City being all the rage in the East of Cairo, it’s only fair to expect it gets its share of projects as well. Ainava by Akam Developments and The Loft Capital Center by Living Yards Developments are currently paving the way for what is sure to be a loaded scene in the new capital.

If you wish to know more about what’s available in the real estate market, you can visit us on our website Nawy and take a look at our wide selection of exclusive homes.

Amany Morad

Amany Morad is a Senior SEO Specialist at www.nawy.com. With a background in hospitality, theater, and real estate; Amany enjoys writing about interesting topics. When she's not working, you'll probably find her scuba diving, acting, or travelling. Read more of her latest articles on https://www.nawy.com/blog

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