{"id":648421,"date":"2017-04-03T04:14:52","date_gmt":"2017-04-03T04:14:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/the-egp-float-has-worked-out-well-for-egypts-real-estate-market\/"},"modified":"2017-04-03T04:14:52","modified_gmt":"2017-04-03T04:14:52","slug":"the-egp-float-has-worked-out-well-for-egypts-real-estate-market","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/the-egp-float-has-worked-out-well-for-egypts-real-estate-market\/","title":{"rendered":"The EGP float has worked out well for Egypt\u2019s real estate market"},"content":{"rendered":"

The EGP float has worked out well for Egypt\u2019s real estate market, suggests AMEInfo<\/a>. Demand for residential units continues to be strong through Q1 2017 and is expected to remain steady. The market intelligence firm points to the announcement of several new projects across 6th of October City and New Cairo during the quarter, and the interest in the New Administrative Capital. \u201cFollowing the increase in unit prices in EGP terms, many developers are now offering more lenient and attractive payment plans to alleviate the effect of the decrease in purchasing power.\u201d On office units, tenants may have been losing out as the EGP weakened. But the market is dominated by banks, so this should not cause too much damage, the report suggests.<\/p>\n","protected":false},"excerpt":{"rendered":"

The EGP float has worked out well for Egypt\u2019s real estate market, suggests AMEInfo. Demand for residential units continues to be strong through Q1 2017 and is expected to remain steady. The market intelligence firm points to the announcement of several new projects across 6th of October City and New Cairo during the quarter, and […]<\/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-648421","post","type-post","status-publish","format-standard","hentry","category-real-estate-housing","tag-enterpriseam","tag-real-estate-housing","wpautop","entry"],"acf":{"mongo_id":"ca44cf5a-544a-49fe-836f-f94eebe8e10d","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648392],"teaser":"","voice_url":""},"yoast_head":"\nThe EGP float has worked out well for Egypt\u2019s real estate market - 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\/04\/03\/the-egp-float-has-worked-out-well-for-egypts-real-estate-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The EGP float has worked out well for Egypt\u2019s real estate market\" \/>\n<meta property=\"og:description\" content=\"The EGP float has worked out well for Egypt\u2019s real estate market, suggests AMEInfo. Demand for residential units continues to be strong through Q1 2017 and is expected to remain steady. 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