FINANCIAL NEWS

Business parks in Egypt to boost real estate sector

13 Dec 2016

(MENAFN) Business parks in Egypt are considered a modern business in the real estate sector, while the first business park was launched by Samcrete Development.

However, the number of business parks in the country still limited compared to their potential chances, while Capital Business Park developed on 35.000 square meters.

On the other hand, sales of office spaces in Egypt viewed notable growth in current years, as business parks became attractive for tenants looking for flexibility.

Accordingly, the Egyptian market needs to adhere to global quality standards in building spaces and property management.

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