2023埃及房地产市场报告（英）

KnightFrank DESTINATON EGYP IheultimateguidetoGCCdemandforEgyptianrealestate 20 23 KNIGHTFRANK-DESTINATIONEGYPT2023KNIGHTFRANK-DESTINATIONEGYPT2023 CONTENTS OGCCInvestmentsinEgypt OGrowthEngine:Egypt'sResidlentialMarket OOurSurvey9 OInFocus:DevelopmentsinGreaterCairt17 OUR2028BRANDINGoHomefromHome21 FORDESTINATIONEGYPTOAnEnmcrgingFavourite:DevelopmentsontheNorthCouast27 Thebranclingforourinauguraleditionof OInDemancl:RedSeaCoastHomes DestinationEgrptrectleetsthecountry's5,000yearhistory. OCallingAllFrequentFlycrs a1 29 OurbolclcolourpalettehasbeeninspirexdOInvestmentConcerns88 IythepageantryofanrientFapt. Thenoble5carahbeetletanimjxortant OAWorldofOpportunities37 symholinancientFgypttakescentre stageonourfrontcower,representingtheternalcircleoflifeandalsnthc. heginningoftheFgyptianrealestatemarket'srenaissnce. KNIGHTFRANK-DESTINATIONEGYPT2023KNIGHTFRANK-DESTINATIONEGYPT2023 FOREWORD LheGull'CooperationCouncil(GCC)lorEgyplianrealestale. ThisreportcoincideswithKnightFrank'sentryintoEgypt-thelalestnodeinourMiddle EastandAfricanetwork-andtheemergenceofEgyptasoneofthelastestgrowingreulestatemarketsinNorthAfrica. ThelandofthePharaohsandathousandsunshasbecomeafocusforMiddleEast sovereignwealthfunds,whichhaveannouncedplanstoinvestasmuchasUssll5bninthelasttwo-and-halfyearsacrossEgypt. Theseelortsareexpectedtoboostbusinessactivityandthecountry'seconomicgrowth.Inwarclinvestmentintorealestateisexpcetedtorise-particularlyamongthewellhecledIromtheGulflookingforsecondhomes. AninvestmentinEgypt'sresidentialmarketcomesofcour'sewiththeadlderlbenefitofbeingmorereaclilyaceessibleaftertheEgyptiangovernmentearlierthisyearremoveclrestrietionsonforeignersowningpropertyinEgypt. OurresearchcletailstheaspirationsofGCCinvestors,whilealsotakingacloserlookatthcirbudlgets,targetrealestatesectorsandpreferredinvestmentloeationsinEgypt,Although themarketfaceschallenges--mostnotably,sharplyrisinginflationwellintothedoubledigitswebclievethattheywillsoonpass.Egypt'spropertymarkethasabrightfuturc. wehopcyoufindourresearchinformariveandstimulating.Ilookforwardtodiscussingwithyoutheinvestmentopportunitieshighlightecinourreport. Discoverthefullreport KNIGHTFRANK-DESTINATIONEGYPT2023KNIGHTFRANK-DESTINATIONEGYPT2023 GCCINVESTMENTSINEGYPT GicCinvestorshavepouredbillionsol'cdollarsintoFgyptianinfrastructure,realestale,ancl industryinthelastcoupleof'years,Belwaresomeofthehigrgestinvestments,whichtotalu5$115bn. 2021 —AmunathealtheurcAbuDlabiPortsGulfbankingsyndicate 2022 LAEportinvestmentUmian-EigyptinvestmentfumdGulfCapital250million TnvestnentAutlhoritraitHoldinghuDlhaliDerelopment HiPIFinvestmenKnwiitFundrailwayprojectsiwariVenturesxEkuity S5miTlion Qindustrlalprojects TAE-Fyypt-JordinIntlustrial sawla(Group Ss10bnT1SS1.33b FASENTAYolarplintulli-seclorinvestmenAl-Fulliim diAJlan&BrosHoldingpartnershipagrecinents USS66h15s533millio 2023Needtoknow SkyrealestuteUAEGovcrnncntitHoldinestimatedshareof29%oftotalFDItoEgypt,duringwith ImvestmentofLss2.1bn. se:KnightFrank KNIGHTFRANK-DESTINATIONEGYPT2023KNIGHTFRANK-DESTINATIONEGYPT2023 Deweloperspasonsavingcxtensive:cliningandentertainmentoptions,and GROWTHENGINE:EGYPT'STorecluceriskfurclevekopersduetoinereasing RESIDENTIALMARKET CCCnatiomalsinthereal psmforpremiumunitsinhighcncld ever,ashellUSS.3.500Sm1chetocalvalueofst rhome andcorunitmavnothxasattractin? TheresidentialsectordominatesEgypt'spropertymarket.In2022,ol'theUS$20hnDevelopersarealsotakingacautiousapprnach. urthersinreasedurinn2y inrealestateinvestmentsinCairo,UssI6bnwasinthercsidentialseetor.Residentialoutlok:Sleowerrowth,inereasing tlemandforresale,completedproperlies RisingdemandtwUss4.sbnmwonorailprxjectslinkingtheNew Theuerppriceofrusickentialprupxerticsin wodto78ycarsonaveragc,from11ycarsTheresidentialsalesmarketinFarptisexpected prviusyLcxpxrinnxslwwrralesol'growth,underpinnerl additiontosubxiclisedkanralesforhouselbuvers. Thistombinatirnofdemographiceandinwstment Summerhomereturnsboostsecondhome marke potentialtoproridebetterreturnsforsavers.ineentiveshsveeneouragedaluryoflargenew Reeentlegislativeanerlnentsulloxingforcignersncluiclethe"NewAdministrativeCapital,"NewZawedCity"and"NuwCairo" istainedstrongdemandintheshororresaleicashbasec)andcompleledproprties neofsalesinthis demandfirominternationalbuersancEgyptian ple,apertrnentpr Oneofthemwstnotablencwlunchesinthethird apitalapprxxciation,attractive:rxentalyicldsin foreigneurreneies,theregion'spleasaintelimate. marketscgmentcuringQx2 inMestCairobySaudicleveloperKaizenLrban psm.VillapriceshaveinereasedbyS5%toUSs60usIn homxsby2097 PrixmovementinEGPandUSs usspm鲁ECPPGM Marketchullenges16.009 navtalmost hy2.1'sot.Ss625psm,overthesameperiod. Duspitestronggrowth.Egypt'sresidentinl 14000 12,000 18harrunuyundeurreneydevaluationsThatis quarterofthisyear. 600 400 GreaterCairoisthebiggestrealestatemarketfar Unsurprisinglyarouncltosofeurrentrrsidential axarep:KoigltFianl residentialbuyer5,clueinparttoapopulacionthatisgrowingfasterthanthecountry'saverage growthrate. Uss4oEGpExchunueRnte2os22o2 Duspit