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Is the tide turning for Egyptian real estate?

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totallyproperty

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News that US investment company Ripplewood has acquired a 10% stake in Egyptian real estate developer SODIC has set tongues wagging within the property sector. The $31 million investment comes hot on the heels of the acquisition of a 2.3% stake in Palm Hills Developments, another major player in the Egyptian real estate market.

Is it time to take another look at Egyptian property?
 
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