Egyptian real estate developers request three key changes for sector expansion namely updated financing regulations together with tax breaks and freedom for foreign capital inflows.

At the close of the second edition of “The Investor… During the “The Investor… Real Estate” conference in Egypt developers stressed key innovations which would strengthen the real estate market. Real estate companies would benefit from amended mortgage financing laws from 1990 and lower bank interest rates that improve their credit access. Developers demanded financial support along with tax benefits as well as streamlined process for property registration documents.

Developers propose that resolving challenges related to the national property number system along with developing real estate export programs through partnerships with international brokers should be pursued. Project finance models combined with promotion of sustainable green real estate projects would help lower costs according to their recommendations.

The conference explored measures to activate real estate stock market trading and established dedicated courts for handling disputes related to real estate. Government authorities stressed that industry collaboration is vital because the real estate market generates 20% of Egypt's GDP while sustaining 14% of the workforce.

Banks together with financial institutions maintain a vital position through their large-scale financing support that extends to developers led by Banque Misr and the National Bank of Egypt. The sector’s stakeholders maintain positive expectations regarding its expanding growth potential for Egypt's economic expansion. The real estate sector represents a fundamental component in the state program to double urbanized areas from their current 7% to 14%.