Opportunities to invest in Egypt’s real estate market will be one of the top priorities at next month’s 7th edition of Cityscape Egypt, especially as momentum builds behind new and existing projects from Egypt’s major developers.
In this context, Chris Speller, exhibition director at Cityscape Egypt, announced that the 7th edition of the Cityscape Egypt exhibition is expected to see developers being more competitive as they respond with a wave of new, flexible, attractive plans, following renewed interest in the market from both investors and home buyers and a positive economic outlook.
Cityscape Egypt will kick off on 28 March and will last until 31 March. Taking place at Egypt International Exhibition Centre (EIEC) in New Cairo, it will launch on an area of 20,000 sqm with over 70 exhibitors participating from all over the world, while that number is likely to increase as the show approaches.
Speller said that 2017 was a challenging year for Egypt, however, last year’s Cityscape Egypt witnessed an increase of 25% in visitor numbers compared to 2016.
“We expect the same vigour from developers and visitors this year, especially as stability returns,” added Speller.
This year, Cityscape’s platinum sponsor, Projects Real Estate Development, will showcase its latest project: Blues Tiffany resort in Ras El-Hekma on Egypt’s North Coast. The developer will be offering an exclusive 10% discount during the exhibition period, as well as offering flexible payment programmes. Porto Group will also be showcasing its Porto vacation club project with flexible payment plans.
The 7th annual Cityscape Egypt conference is scheduled to take place at the Four Seasons Nile Plaza on 12 and 13March. It will be in the presence of experts to discuss and exchange information, as well as economic and investment insights for 2018 being shared between investors and real estate experts.