Square Seven – Real Estate Advisory & Property Management announced the opening of its New office in Toronto, Canada, as part of its expansion plans to promote & support the Egyptian properties abroad, and to offer increase the awareness and knowledge related to various developers’ projects to Egyptian expatriates and those wishing to own buy or invest in properties in the Egyptian market. Highlighting the key performance indicators (KPIs) that should be considered while investing in Real Estate industry in Egypt across the core 7 different sectors related to this industry.
Ali Abdel Ghaffar, CEO and founder of Square Seven, clearly stated that the company aims to introduce comprehensive implementation for the vision of the Egypt. Government of placing the Egyptian properties on the global map through currently executing, and to market distinguished and diversified projects developed by real estate investors & developers in new cities.
Abdel Ghaffar pointed out that since the opening of the company’s branch in Canada; it has achieved recognizable performance across variour projects, and recorded Foreign currency returns for reputable real developers.
He further noted that the company intends to expand marketing projects not only to Egyptian expatriates in Canada but also to non-Egyptian customers.
He stated,” Exporting property not only increases volume of real estate sales, but also provides hard foreign currency that supports Egyptian economy, and contributes to introducing volume of Egypt’s urban development to the world, which in turn puts Egypt on the map of global competition and increases its share of global property export volume.”
The company’s CEO added that Square Seven does not only market properties, but it also consults & manages real estate assets for residential and mixed-use projects, believing in the importance of management in maintaining the quality, distinction and investment value of projects for developers and for Real Estate investment funds.
Miranda Gerges, founder of Miranda Homes – Tornoto, an affiliate to Berkshire Hathaway International Group and a strategic partner of Square Seven, stated that Egyptian real estate is characterised as one of the affordable price in the world with a very promising ROI and investment yield in the world, adding to moderate cost of living in Egypt allows many foreign clients to consider settling & retiring in Egypt. This makes Egypt a destination for many foreign clients especially that the country enjoys weather, security, economic and political stability.
She elaborated that the development in design and develop real estate projects and the state’s expansion in new cities road and infrastructure such as New Alamein, New Capital & Galala City upsurges the desire of Egyptian expatriates to own a property in Egypt for housing or investment. Additionally, opportunities available in Egypt put it at the forefront of leading countries in field of real estate export in the region.
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