Significant Presence of Egyptian Real Estate Developers at MIPIM in Cannes

by nevine

Egyptian real estate developers took part in MIPIM, the world’s leading real estate market event. MIPM is considered an important marketing opportunity for the urban renaissance that Egypt is experiencing and a convincing proof of the country’s efforts in exporting property.

MIPIM is a 4-day real estate exhibit, conference, and networking event bringing together 26,800 international real estate professionals in Cannes, France.

The exhibition is one of the largest real estate exhibitions in Europe and worldwide, with participation from more than 50 countries and over 1000 real estate projects. In addition, over 5,000 investors, investment funds, and large real estate funds are also involved.

Furthermore, the exhibition includes more than 1,300 decision-makers from different countries, which helps sign several agreements in the field of real estate investment, in addition to the largest banks in the world and the largest companies specializing in real estate investment.

The four-day event attracts the most influential players from all sectors of the international real estate industry and provides the opportunity to present companies, projects, and investment opportunities available to thousands of industry professionals.

The Egyptian participation in the current edition of the exhibition aims to promote and introduce the national projects that Egypt is currently developing, and. It is also considered an opportunity to provide more investment opportunities and present them to foreign and Arab investors, to attract new investments for the local real estate sector.

It is the driving force for development and the main contributor to local produce. Around 10 companies from the largest real estate developers in Egypt are participating in MIPIM with a distinguished group of residential and administrative projects, as well as hotel and coastal projects.

The Egyptian pavilion focused on showcasing projects in the Central Business District at New Administrative Capital (NAC), the new Garden City neighborhood, as well as the Central Parks Green River in the NAC.

Egypt’s participation in this exhibition aimed to enhance promotion and marketing efforts for projects in New Alamein City, such as the beach towers area. , Latin neighborhood, and Heritage City, as well as offering investment opportunities in some New Mansoura City projects.

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