Egypt “one of the most important property markets”, says developer

Egypt is "one of the most important property markets", one developer has declared.

Speaking at the Egyptian Real Estate Investment Gathering, held in Abu Dhabi, Burooj Properties highlighted the country as one of the key markets for property investment in the Middle East.

Managing Director Adel Ahmed Al Zarouni said the company's participation in the forum was a vital opportunity to "highlight promising investment opportunities in the local and Egyptian markets".

Barooj Properties entered Egypt's real estate in 2010 after signing an agreement to sell units in a development in Cairo, reports AME Info . Two years on and they are not regretting the decision.

"Burooj Properties sees Egypt as one of the most important real estate markets, and hence the [Egyptian Real Estate Investment Gathering] offer[s] us a platform to boost public trust in our services, in line with our plans aiming at identifying our diverse portfolios of services, including management, brokerage, development and finance," said Mr. Al Zarouni.