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JLL MENA, the world's leading real estate investment and advisory firm, has released its fourth quarter (Q4) 2013 Cairo Real Estate Overview report
JLL MENA, the world's leading
real estate investment and
advisory firm, has released its fourth quarter (Q4) 2013 Cairo Real Estate Overview report, covering the latest trends in the office, residential, retail, hotel and industrial markets in Cairo, Egypt.
Commenting on the findings,
Ayman Sami, Head of
Egypt Office at JLL MENA said:
“The more positive sentiment that has resulted in an improvement in many of the leading economic indicators in late 2013, is expected to translate into improved performance in the real estate market in 2014. With stronger tourist arrivals and higher GDP growth, 2014 could mark the beginning of the recovery of the Cairo real estate market, providing that the progress that has been made on the political roadmap during late 2013 is continued.”
Prime Rental Clock -Cairo
*Hotel clock reflects the movement of RevPAR.Source: JLL MENANote: This diagram illustrates where JLL MENA estimate each prime market is within its individual rental cycle as at end of relevant quarter.
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