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Real estate exchange a potential game changer for Egyptian property market: Experts

The Egyptian Exchange (EGX) is preparing to launch a real estate exchange within four months, which will boost the local market.
31.10.23

“The real estate exchange will encourage small investors to get involved more in the market as it does not require a large amount of investment,” said Fathallah Fawzy, chairperson of the construction committee of the Egyptian Businessmen Association.


“Also, the real estate exchange will be a secure means of investments as it depends on properties that are already registered,” he added.


Fawzy noted that the new exchange will offer a new source of financing to developers.


A real estate exchange is when individuals or entities swap ownership of properties, typically for portfolio adjustments or location optimization, involving a mutually agreed-upon transfer of titles and often financial considerations.

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