Marketing-Börse PLUS - Fachbeiträge zu Marketing und Digitalisierung
print logo

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 | Source: ahram online

“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.

FREE NEWSLETTER