Cairo real estate market to witness continued rental growth in 2019
Research

Cairo real estate market to witness continued rental growth in 2019

With the Cairo real estate market witnessing improved performance across all sectors in 2018, rental growth is expected to continue in the office, residential, retail and hotel market in the year ahead.

GDP growth in Egypt is expected to reach 5.4% in 2019 and will continue to remain positive between 2019 and 2021. This growth is attributed to extensive government reforms that are expected to yield increased levels of production, a repositioning amongst exporting countries, and an increase in foreign direct investment.
 

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