It is anticipated that the commercial real estate market in Egypt will experience a substantial expansion at a compound annual growth rate (CAGR) of 8.4% during the review period. The commercial real estate sector is experiencing a surge in growth because of strategic government initiatives and reforms that are designed to attract foreign investment.
The demand for contemporary commercial spaces and infrastructure development is being driven by Egypt's expanding urban population.
The market is presented with an opportunity due to the strategic emphasis on the improvement of Egypt's coastal infrastructure and the increase in tourism.
The commercial real estate market in Egypt is characterized by the acquisition, sale, leasing, and management of properties that are intended for business purposes, such as industrial facilities, retail spaces, office structures, and other developments. Urbanization, economic diversification, and government initiatives designed to attract foreign investment are the primary factors driving the increasing demand in this market. The sustainable growth and operational efficacy of commercial properties are facilitated by the provision of key services within this sector, including property management, real estate brokerage, facilities management, valuation and advisory, and project management.
Market Segmentation
Office Buildings, Retail, Industrial, Hotels and Hospitality, Special Purpose, and Others comprise the market's segmentation by property type.
The market is segmented into Property Management, Facilities Management, Real Estate Brokerage, Valuation and Advisory, Project Management, and Others, based on the services provided.
The market is segmented into Single-Tenant and Multi-Tenant based on Tenant Type.
The market is segmented into the following categories based on end-use: Corporate, Government and Public Sector, Industrial Manufacturing, Hospitality, Healthcare, Educational Institute, and Others.
The report on Egypt Commercial Real Estate has been divided into four regions: North Egypt, South Egypt, East Egypt, and West Egypt.
Major Players
Savills, CBRE, Jones Lang LaSalle IP, Inc., ERA Real Estate Egypt, Equity, Colliers, Knight Frank, AFM, Standards, and ContrackFM are the primary participants in the commercial real estate market of Egypt.
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