Top 10 real estate companies in Egypt achieve total EGP 168bn sales in 1H 2023

The 10 largest real estate companies in Egypt achieved total EGP 168bn sales during the first half of 2023, with a growth rate of 88%, compared to the same period last year, according to a report from Z-Board Consulting.

Talaat Moustafa Group topped the list of real estate companies in terms of sales during the first six months of the year, with sales amounting to EGP 51bn, a growth rate of 351%.

Ora Developers came in second place, with sales of EGP 25bn, a growth rate of 213%, followed by Palm Hills Developments, with sales of EGP 17bn, a growth of 59%.

Founders Company ranked fourth with EGP 13.4bn sales, a growth rate of 117%, then City Edge Real Estate Development Company, with sales of EGP 13.3bn, a growth rate of 33%.

Tatweer Misr came in sixth place with sales of EGP 12bn, a growth rate of 200%, and in seventh place was Mountain View Development and Real Estate Investment Company, with sales of EGP 9.6b, a decrease of 11%.

Landmark Sabbour Development came in eighth place with sales of EGP 9.3bn, a growth rate of 111%, and in the ninth place the Sixth of October Development and Investment Company – SODIC, with sales of EGP 9.2bn, a growth of 38%, and in the tenth place New Giza Company with sales of EGP 9bn, a growth rate 15%.