Real Estate Companies in Egypt. Talaat Moustafa in the lead
Talaat Moustafa Group is the leading real estate company in Egypt in terms of its land portfolio with a total area of more than 45 million square meters. The Group is the best real estate developer in Egypt due to its success in building integrated communities. Egypt.
Talaat Mostafa
Talaat Group tops Talaat Moustafa Group, ranking real estate companies in Egypt with a total area of more than 45 million square meters, distributed between Madinaty project in New Cairo with an area of 33.6 million meters, then Al Rehab City with an area of 4.5 million square meters. Port Venice, In the city of Marsa Alam with an area of 3.3 million square meters, then CELIA project in the capital of the new administration with an area of 2.1 million square meters, and the extension of the Four Seasons Hotel Sharm El Sheikh with an area of 957 thousand square meters.
Talaat Moustafa achieved profits of 1.7 billion pounds during the period from January to December 2018, compared to profits of 1.32 billion pounds in the comparative period of 2017, taking into account minority rights.
The real estate sales of the group increased until December 31, 2018 and amounted to LE 21.3 billion compared to LE 13.1 billion for the comparable period ending 31 December 2017, a growth rate of 62% compared to the targeted sales at the beginning of the year, which amounted to LE 14 billion, 52% .
Over the past 40 years, Talaat Moustafa Group has succeeded in consolidating the true concept of sustainable development through its projects, notably Al Rehab and Madinaty, where the Group has been keen to develop the land, cities, communities and commercial and administrative activities to meet the needs of the present and without compromising the ability of future generations to Meet their needs while preserving the environment.
In fact, real estate development has never been the mere construction of residential or commercial units. The group has worked to upgrade this industry to conform to the real concept of urban development, which in turn improves the environment and provides the basic needs of housing, work and all community services, In this regard, the Group works through its projects to contribute to the process of urban growth and to create a healthy and safe urban environment and to push various development activities to achieve the objectives not only of urban development but of sustainable development.
Palm Hills
Palm Hills occupies the second place with a total area of 40.6 million square meters distributed among 24 projects divided into existing projects with a total area of 3.2 million square meters, the first stages of the fifth projects Palm Hills October, Cascade, Bambo, Golden Palm, 1.7 million square meters , The project of the extension of the bamboo area of 168 thousand square meters, The Village area of 105 thousand square meters, Village Avenue with an area of 35 thousand square meters, Village Gate with an area of 147 thousand square meters, Kara area of 294 thousand square meters, Village Garden Katameya area of 298 thousand square meters, Extension of Palm Hills Katameya with an area of 275 thousand square meters, Hacienda White 1 area 216 Thousand square meters.
Palm Hills reported a profit of 906.86 million pounds during the period from January to December last year, compared to profits of 936.47 million pounds in 2017, taking into account minority rights.
Orascom Development
Orascom Development Egypt has the largest land portfolio estimated at 50 million square meters. It is divided between real estate and tourism. El Gouna owns the largest share of the portfolio with a total area of 37 million square meters. 3.7 million meters, Taba Heights Resort 2.5 million meters, and the latest projects in partnership with the State on behalf of the «O-West»With an area of 4.2 million meters.
Orascom Development has 2,655 rooms in El Gouna, 2,365 rooms in Taba Heights, 53 rooms in Fayoum and 27 rooms in the floating hotel, bringing the total number of hotel rooms with 5,100 rooms.
Orientals Real Estate
Orientals Real Estate Development Company has a land portfolio of 15 million square meters of real estate and 10 million square meters of industrial land.
The Farid Khamis land portfolio, run by his son Mohammed Bin, is located on an area of 50 acres in the new administrative capital, a project on the northern coast covering an area of 80 acres, a new Cairo project on an area of 21.5 acres and the Heliopolis project in Obour with an area of 18 acres. Villa, residential project in New Cairo with an area of 16 acres.
5 – Emaar
Emaar's total land area is about 15.46 million square meters distributed over 4 locations in East, West, Central Cairo and North Coast.
Among the most prominent projects currently under implementation in Emaar Misr's portfolio is the 4 million square meter "Townhouse Cairo" project, the new Mivida project in New Cairo on an area of 911 acres, and the company's land in Sidi Abdel Rahman El Sahel Al-Shamali in Matrouh Governorate. It is divided into a plot of 6.2 million square meters for Marassi project, a land area of 68,000 square meters, a land area of 11,000 square meters and another land area of 50,000 square meters.
In addition to plots of land on the road of Egypt Alexandria desert divided between a plot of land on an area of 244 thousand square meters, and a piece of land with an area of 327 thousand acres, and a piece of land area of 14 acres.
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