The Cairo Real Estate Market - Q3 2020

Read our Cairo Real Estate Market - Q3 2020 report for an overview of the office, residential, retail and hospitality sectors in the city.

October 14, 2020

The retail sector in Cairo gained momentum in the third quarter of 2020, driven by increased demand from food and beverage tenants for smaller neighbourhoods and community malls with an abundance of outdoor space.

During Q3 2020, many retail lease agreements were reverted to original pre-COVID commitments, increasing the rents in primary and secondary malls by 10% and 3% respectively. Although new leases are being signed and retailers are proceeding with their expansion plans in specific prime areas, the demand for regional and super regional malls still remain subdued. 

Read our latest Cairo Real Estate Market report to find out more. 

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