Developers to unveil Egypt’s major green residential projects at Cityscape 2017
With just under a week to go, Cityscape Egypt exhibitors are bracing to highlight and reveal the country’s most notable residential projects at this year’s event.
Egypt’s foremost developers will pull out all the stops at this year’s Cityscape by offering exclusive discounts and promotions, as they look to entice potential buyers with a range of cutting-edge apartment units and plush townhouses in green suburban communities.
Preparing to open its doors on March 31st, running until April 3rd at the Cairo International Convention Centre, the sixth edition of Cityscape Egypt will feature a 90-strong exhibitor list, and will reveal hundreds of real estate investment opportunities for prospective buyers across all price points, as well as the latest international developments. Developers are expected to tout their latest residential projects located in some of Egypt’s illustrious and most attractive neighbourhoods, utilising natural green space within residential developments – a major trend for many projects this year.
Several developers will showcase projects in New Cairo, one of the most anticipated areas in Egypt and home to one of the country’s largest landscaped park. Located between affluent Maadi and Heliopolis, New Cairo is slated to host a population of 5 million when completed, and has already galvanised interest from Egyptians, local and abroad.
Exhibitor, Hyde Park New Cairo will reveal details on the second phase of Park Corner, which spans an area of 235,000 sqm and will be completed within three years. As part of its mega-development, Hyde Park offers one of the largest landscaped parks in Egypt, spanning an area of 600,000 sqm. Hyde Park will be offering an 8-year payment plan on the second phase of Park Corner.
“Open green space in urban environments provides numerous advantages and health benefits for homebuyers, associated with access to public open space and parks and plays a key role in their purchasing decisions. Access to vegetated areas such as parks, open spaces, and playgrounds has been associated with better perceived general health, reduced stress levels, reduced depression and more. All of which are aspects that homebuyers take into consideration when looking in the market,” says company CEO, ENG. Amin Serag. Exhibitor.
ARDIC for Real Estate Developments and Investments, will highlight Zizinia El Mostakbal, within Mostakbal City – a residential community with green space and roads representing 50% of the total area of the city. Visitors will have a chance to view a range residential units, including apartment complexes equipped with solar panels, which are all expected to be delivered by 2020. The community includes a certified green building mosque, medical centre, nursery and a bicycle trail. The developer will be offering special promotions during the show.
Exhibitor, Talaat Moustafa Group (TMG) will also showcase Maadinaty, in New Cairo, which includes vast green areas, golf courses, educational institutions and hospitals – as well as villas and apartments. For TMG, Maadinaty is about looking beyond the residential community and building a holistic city within a city, which will eventually include 600,000 residents.
Visitors to the four-day show, will have a chance to meet developers, who will offer special promotions on residential units and complexes, as well as property consultants who will be able to dispense advice.
“The residential sector has long been a bright spot for the industry in Egypt. For Egyptian homebuyers, real estate investment, even on a very small scale, remains a tried and tested means of guarding against economic instability,” says Tom Rhodes, Exhibition Director at Cityscape Egypt. “We therefore expect significant interest from homebuyers this year due to the rich variety of quality residential product, and our exhibitors will be available to assist them in making the right real estate choice.”
Cityscape Egypt will also see the return of the Conference, which will precede the exhibition, taking place on March 29th – 30th at the Royal Maxim Palace Kempinski, Cairo. World-leading property consultant, Colliers, will be this year’s Gold Conference Sponsor.
The agenda, A roadmap to innovation: tackling project financing, marketing and design to prosper, will explore emerging trends that are redefining investment opportunities in Egypt.
With panel discussions from Egypt’s leading government and private sector thought-leaders, the Conference panel discussions include: Egypt’s Vision 2030: Progress and achievements in urban development, tourism, agriculture and industrial sectors; The private sector vision towards achieving sustainable development and; Reducing construction costs and increasing efficiency to overcome the financial crunch, to name a few.
Associate Sponsor at this year’s event is Misr Italia Properties. Some of the exhibitors at this year’s event include: Al Arabia Real Estate Development (ARCO), Palm Hills, PACT, Aloula Tameer For Mortgage Finance, Aristo Developers, Beta Egypt for Urban Development, , Capital Group Properties, Egyptian Engineering Development and Real Estate Investment, El-Batal Group, Emaar Misr, Invest4Land (API Investment), Madaar Development, Pandora Investments Public Ltd-Leptos Estates, Rooya Group, Talaat Mostafa Group Holding, Tatweer Misr, Trends Real Estate, and Wadi Degla Developments to name a few.
