"Palm Hills": The real estate market in Egypt is not going through a slowdown

The Egypt real estate market is still strong and does not go through a slowdown, and this is due to its great and diversity, according to Hazem Badran, the CO CEO and the managing director of the Egyptian “Palm Hills for Development”. In an interview with the East, he added that the company’s sales in the first quarter of this year were 148% year -on -year to more than 80 billion pounds due to the company launched by reducing the value of the initial payment and extending the installments’ payments. Badran noted that the company had launched a new project in Cairo and 4 projects in the northern coast during the coming months, adding that the company was still targeted by the 200 billion pounds for this year, and that sales of the North Coast Projects would be more than 40 billion pounds during the next two.