Saturday 22 Feb
Real estate sales in Egypt reached a total of 1.17 trillion Egyptian pounds, according to a report by The Board Consulting for Consulting and Research.
Ten real estate companies achieved combined contractual sales of 660 billion pounds. Talaat Moustafa Group (TMG) added another 510 billion pounds, representing a 135% growth in sales compared to 2023.
The Board Consulting report indicated that the top ten performing companies (excluding Talaat Moustafa Group) were: Palm Hills with sales of: 150 billion pounds, followed by Mountain View recording 105 billion pounds, then G Development with 77 billion pounds. In the fourth place came Ora Developers achieving 61.84 billion pounds, Sodic with 50 billion pounds, Emaar Misr with 49 billion pounds, while City Edge ranked seventh with sales 47 billion pounds, Madinet Masr sales’ were 46 billion pounds, then Hyde Park 45.9 billion pounds, and in tenth place came Al Marasem with sales of 34 billion pounds.
