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Latest in Real Estate


Subletting social housing units still incessant

Daily News Egypt received some complaints from unit’s owners, noting that the subletting of the units is still incessant. Some owners are offering up their properties to workers and families at prices ranging from EGP 700-1,000 a month.

Shaimaa Al-Aees

No withdrawals from New Administrative Capital project: ACUD spokesperson

No new real estate developers asked to withdraw from the New Administrative Capital project, according to Administrative Capital for Urban Development (ACUD) spokesperson Khaled El Hosseini. El Hosseini told Daily News Egypt that the ACUD did not receive any requests to withdraw from developing the land in the capital except for Novus Stanza Properties. El …

Shaimaa Al-Aees