Dr. Bassem Abu Klela, Chairman of Expo Republic
Expo Republic for Exhibitions announced the launch of the “Nile Real Estate Exhibition 2017” at the Abu Dhabi National Exhibition Centre (ADNEC), to be held from 14 to 16 December.
Shady — the company’s General Manager — stated that the exhibition will present high-value investment opportunities in the Arab Republic of Egypt, offered by leading Egyptian real estate development companies.
The major event will be hosted in Abu Dhabi and will feature more than 15 Egyptian real estate developers, in addition to prominent real estate brokers, showcasing a wide range of luxury residential and commercial properties across various Egyptian cities. The exhibition organizers also commit to providing assistance and advisory services to investors, helping them understand deal structures and complete official procedures, as well as informing attendees about the latest market trends and suitable residential offers in Egypt.
The General Manager of Expo Republic, the organizer of the Nile Real Estate Exhibition, said:
“Through this event, we aim to present a new and modern image of the Egyptian real estate market, and to reach a wider audience on both the Arab and global levels. I invite all interested parties to visit this distinctive event and meet directly with real estate experts and representatives of major Egyptian real estate companies.”
Dr. Bassem Klela, Chairman of Expo Republic, added:
“Studies have shown that the Egyptian real estate market has achieved returns of up to 7.53%, placing it among the countries with the highest rental yield rates worldwide. I believe this is the right time for both local and international investors to enter the Egyptian market.”
He further noted that market studies indicate that more than 12% of the Egyptian community in the UAE (around 450,000 people) have expressed interest in investing in real estate in their home country, and that Abu Dhabi residents rank third globally in terms of purchasing power.