Resicom – Holiday Investment – 04-21 – LB

Cityscape Egypt Conference to Map Real Estate Future

The upcoming Cityscape Egypt conference is due to outline the government’s vision for the real estate market in Egypt.

Egypt’s Minister for Housing, Utilities, and Urban Communities, Assem El Gazzar, is due to talk at the Cityscape conference, which starts on Sunday at the Four Seasons Nile Plaza in Cairo.

Overseas property investors interested in the huge development of the Egyptian real estate sector may wish to follow proceedings at the Cityscape conference carefully, to look out for potential opportunities.

Over 30 speakers are lined up for the conference, including leading developers, financiers, business leaders, government officials, innovators, and strategists, to dive into pressing issues shaping the fortunes of Egypt’s real estate sector.

First day discussions will focus on several key issues, including opportunity zones and urban logistics, the key steps being taken to invigorate the market and attract investors, and how middle-class buyers can be better served by a mature mortgage market and strategies for real estate exporting to appeal to overseas institutional investors.

The second day of the conference will see speakers discuss how Egypt can learn from emerging global practices when designing smart and resilient cities, why measuring happiness is important for developers and the government, the leveraging of technology to increase successful sustainability of new cities, the impact of tall buildings on urban environment, and the revitalisation of older cities through innovative design and technology.

The second day discussions at Cityscape will also feature talks focused on the technology that is disrupting the sector and Egypt’s preparedness for it.

Along with the huge new city being built as a new administrative capital, Egypt is planning many other major developments in the country, which could offer opportunities for British overseas property investors to get involved.

This latest Cityscape Egypt conference could be the perfect opportunity to keep abreast of developments in Egyptian real estate.

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