Grab a sample PDF of this report: https://www.imarcgroup.com/egypt-commercial-real-estate-market/requestsample

The Egypt commercial real estate market is driven by rapid urbanization and population growth, with Cairo’s office space demand projected to exceed 4.5 million square meters. Government initiatives, like the New Administrative Capital, attract foreign investment, with FDI reaching USD 303.2 million recently. Infrastructure developments, such as expanded metro lines, enhance accessibility, boosting demand for retail and logistics hubs. The rise of e-commerce further fuels need for warehousing, while major firms like Talaat Moustafa Group lead large-scale mixed-use projects, amplifying market growth.

Tourism significantly propels the hospitality sector, with 4.9 million visitors boosting hotel occupancy to 52.6 million nights in a recent period. Government policies, including liberalized foreign ownership rules, encourage investment in commercial properties. Companies like Orascom Construction PLC and Palm Hills Developments are expanding mixed-use developments, integrating offices and retail spaces. The push for sustainable, smart buildings aligns with market trends, while Egypt’s strategic location as a trade hub attracts global firms, increasing demand for flexible office spaces and logistics facilities in key cities like Cairo and Alexandria.

Key Market Trends & Insights:

Urban Expansion and New Cities

The New Administrative Capital drives demand for commercial spaces, with 109 ongoing projects valued at USD 70,646 million. Developments by Talaat Moustafa Group integrate offices and retail, capitalizing on urban growth and government-backed infrastructure projects.

Rise of E-commerce and Logistics

E-commerce growth fuels demand for logistics facilities, with industrial real estate demand rising. Companies like Orascom Construction PLC are building warehousing hubs in Cairo, supporting a 20% increase in logistics space to accommodate online retail expansion.

Sustainable and Smart Buildings

Smart, eco-friendly developments are trending, with projects like the New Capital incorporating green features. These buildings attract 15% higher rental rates, driven by demand from corporates like Palm Hills Developments prioritizing sustainability and technology.

Increased Foreign Investment

Foreign direct investment in commercial real estate reached USD 303.2 million, with projects like Ras El Hekma attracting USD 24 billion. International firms like Emaar Misr are expanding office and retail developments in Cairo.

Demand for Flexible Office Spaces

Flexible workspaces are surging, with a 25% rise in co-working space leases in Alexandria and Cairo. Companies like City Edge Developments cater to startups and global firms, offering adaptable office solutions to meet evolving business needs.

Ask analyst of customized report: https://www.imarcgroup.com/request?type=report&id=24329&flag=E