Egypt’s land prices reaches grow of 40 percent

09 Apr 2016

(MENAFN) Misr Italia Holding Company proclaimed the pound devaluation has little influence on real estate market compared to land prices.

Furthermore, the rise in land prices constitutes 40 percent of the building cost.

In addition, Misr Italia registered an increase rate of 25 percent through 2015.

On the other hand, the firm seeks partnership with the government, which is focusing on the local market.

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