{"id":642324,"date":"2017-08-10T03:48:46","date_gmt":"2017-08-10T03:48:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/"},"modified":"2017-08-10T03:48:46","modified_gmt":"2017-08-10T03:48:46","slug":"real-estate-investments-slowing-down-following-interest-rates-hike","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/","title":{"rendered":"Real estate investments slowing down following interest rates hike"},"content":{"rendered":"

The real estate industry is slowing down after the latest interest rates hike, said Mamdouh Badr El Din, chairman of the Federation of Egyptian Chambers of Commerce\u2019s real estate division. Real estate purchases have also been declining, as customers are now parking liquidity in banks, to benefit from the rate hike, rather than purchasing assets. Badr El Din predicts that demand will increase once interest rates drop, according to AMAY<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The real estate industry is slowing down after the latest interest rates hike, said Mamdouh Badr El Din, chairman of the Federation of Egyptian Chambers of Commerce\u2019s real estate division. Real estate purchases have also been declining, as customers are now parking liquidity in banks, to benefit from the rate hike, rather than purchasing assets. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9304],"tags":[72,2402],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642324","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"5af728e7-3963-4a36-8752-044625b694b1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642291],"teaser":"","voice_url":""},"yoast_head":"\nReal estate investments slowing down following interest rates hike - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Real estate investments slowing down following interest rates hike\" \/>\n<meta property=\"og:description\" content=\"The real estate industry is slowing down after the latest interest rates hike, said Mamdouh Badr El Din, chairman of the Federation of Egyptian Chambers of Commerce\u2019s real estate division. Real estate purchases have also been declining, as customers are now parking liquidity in banks, to benefit from the rate hike, rather than purchasing assets. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-10T03:48:46+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Real estate investments slowing down following interest rates hike\",\"datePublished\":\"2017-08-10T03:48:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\"},\"wordCount\":80,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Real Estate + Housing\"],\"articleSection\":[\"Real Estate + Housing\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\",\"name\":\"Real estate investments slowing down following interest rates hike - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-10T03:48:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Real estate investments slowing down following interest rates hike\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Real estate investments slowing down following interest rates hike - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/","og_locale":"en_US","og_type":"article","og_title":"Real estate investments slowing down following interest rates hike","og_description":"The real estate industry is slowing down after the latest interest rates hike, said Mamdouh Badr El Din, chairman of the Federation of Egyptian Chambers of Commerce\u2019s real estate division. Real estate purchases have also been declining, as customers are now parking liquidity in banks, to benefit from the rate hike, rather than purchasing assets. […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-08-10T03:48:46+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Real estate investments slowing down following interest rates hike","datePublished":"2017-08-10T03:48:46+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/"},"wordCount":80,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","Real Estate + Housing"],"articleSection":["Real Estate + Housing"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/","name":"Real estate investments slowing down following interest rates hike - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-08-10T03:48:46+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/10\/real-estate-investments-slowing-down-following-interest-rates-hike\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Real estate investments slowing down following interest rates hike"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":599605,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/nuca-to-hike-land-prices-by-15-20-in-2019\/","url_meta":{"origin":642324,"position":0},"title":"NUCA to hike land prices by 15-20% in 2019","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"The New Urban Communities Authority (NUCA) will raise its land prices by 15-20% in 2019, a government source said. The expected hikes will be gradual and based on how the real estate sector performs, the source said, adding that the authority has yet to set the final prices for 2019.","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546196,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/08\/last-nights-talk-shows-deadly-sinai-attack-prospect-of-another-snap-rate-hike\/","url_meta":{"origin":642324,"position":1},"title":"Last Night\u2019s Talk Shows: Deadly Sinai attack + prospect of another snap rate hike","author":"enterpriseam admin","date":"8 May 2022","format":false,"excerpt":"Are we going to get another snap CBE meeting \u00e0 la 21 March? That was the question posed by Lamees El Hadidi last night (watch, runtime: 9:31), who noted reports in the domestic press that the central bank could bring forward its 19 May policy meeting in light of the\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":585198,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/12\/economic-headwinds-to-hit-office-rents\/","url_meta":{"origin":642324,"position":2},"title":"Economic headwinds to hit office rents","author":"enterpriseam admin","date":"12 April 2023","format":false,"excerpt":"Higher borrowing costs and soaring inflation are weighing on the sector","rel":"","context":"In "Real estate"","block_context":{"text":"Real estate","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/real-estate\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/527.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626584,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/05\/phd-signs-agreement-with-el-badr-to-develop-two-commercial-areas-for-egp-7-bn\/","url_meta":{"origin":642324,"position":3},"title":"PHD signs agreement with El Badr to develop two commercial areas for EGP 7 bn","author":"enterpriseam admin","date":"5 July 2018","format":false,"excerpt":"Palm Hills Development signed a partnership agreement with El Badr for Investments & Commercial Spaces and its executive arm to develop two commercial areas in PHD projects for EGP 7 bn, El Badr Chairman Mamdouh Badr El Din tells Al Mal. The projects, one in each of the company\u2019s developments\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594107,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/cira-makes-10-commitment-deposit-for-egp-479-mn-land-plot-in-badr\/","url_meta":{"origin":642324,"position":4},"title":"CIRA makes 10% \u201ccommitment deposit\u201d for EGP 479 mn land plot in Badr","author":"enterpriseam admin","date":"20 October 2019","format":false,"excerpt":"Cairo for Investment and Real Estate Development (CIRA) has made a 10% down payment for a EGP 479 mn land plot in Badr City, the company said in a bourse disclosure (pdf). CIRA will add seven new colleges to Badr University on the 76.5 feddan (321k sqm) plot. It was\u2026","rel":"","context":"In "Real Estate + Housing"","block_context":{"text":"Real Estate + Housing","link":"https:\/\/enterpriseam.com\/egypt\/category\/real-estate-housing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576003,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/05\/banque-misr-could-provide-egp-6-6-bn-in-sharia-compliant-loans-to-seven-real-estate-developers\/","url_meta":{"origin":642324,"position":5},"title":"Banque Misr could provide EGP 6.6 bn in sharia compliant loans to seven real estate developers","author":"enterpriseam admin","date":"5 November 2020","format":false,"excerpt":"Banque Misr could provide EGP 6.6 bn in sharia-compliant loans to seven real estate developers, Al Shorouk reports, citing unnamed banking sources. The loans include EGP 1 bn for Badr El Din Real Estate Investment to develop residential housing in New Cairo, Sheikh Zayed and the North Coast, and another\u2026","rel":"","context":"In "Banking + Finance"","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642324","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=642324"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642324\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642291"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642324"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642324"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642324"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642324"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642324"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}