Egypt’s property market surprisingly resilient
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The Egyptian real estate market has been hard hit by civil unrest. But the new government´s recent economic and political stabilization, despite its appalling cost in terms of human rights, appears to have improved sentiment in all sectors of the Cairo real estate market during the second quarter of 2015, according to Jones Lang Lasalle.
Following President Abdel Fattah el-Sisi’s election in June 2014 there is new found confidence, despite the ongoing Islamic insurgency in Sinai and several terrorist attacks.
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