Is the tide turning for Egyptian real estate?

Discussion in 'Egypt property' started by totallyproperty, May 15, 2014.

  1. totallyproperty

    totallyproperty Administrator Staff Member

    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?
  2. rcestate

    rcestate New Member

    this is a good news .. thanks

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