Misr Italia Properties participates for the first time in MIPIM
Misr Italia Properties (MIP) participates for the first time in MIPIM, the world's leading real estate market event taking place in the period between March 14th - 17th in Cannes, France. The participation comes in line with Misr Italia Properties’ efforts to foster investment opportunities and promote Egyptian real estate. CEOs and Managing Directors, Mohamed Khaled El Assal and Mohamed Hany El Assal, CEO Karim El Assal, and Co-CEO Sherif Saleh take part during the four-day event to showcase investment opportunities highlighting Misr Italia Properties’ diverse portfolio of projects; including hospitality, residential, and commercial components spanning an area of 7.1 million square meters with total investments $3.5 billion.
“Participating in MIPIM 2023 aims at realizing our investment objectives for the year and attracting international investment funds; it also works as a channel through which we face economic challenges by highlighting Egypt’s real estate capabilities as well as the company’s line of projects located in different areas across the country,” said Mohamed Khaled El Assal, CEO and Managing Director at Misr Italia Properties.
Building on the above, Mohamed Hany El-Assal, CEO and Managing Director of Misr Italia Properties, stressed that the company’s participation in MIPIM 2023 comes in line with the Egyptian government’s strategy to increase the private sector’s share in supporting the Egyptian economy through participating in international events. “Misr Italia Properties’ presence at the exhibition for the first time is an excellent opportunity to bring attention to the current investment opportunities in Egypt, and build trust through highlighting the success of local investors, which in turn will encourage foreign investors to adopt a different sentiment and choose the Egyptian real estate market as a destination,” he further added.