Tatra Development has announced its entry into the Egyptian market by launching over 15 residential projects in various locations within New Cairo. He highlighted that the real estate sector in Egypt has a solid investment foundation, creating new opportunities for the company’s success. Founded 20 years ago in Kuwait, Tatra Development has established itself as a leader in the Kuwaiti real estate sector, with a property portfolio valued at approximately KWD 35m. Although Tatra officially launched its operations in Egypt in July, it has already begun construction on seven residential projects simultaneously and has achieved 50% of its sales targets. The extensive urban development in Egypt, including the establishment of over 37 new cities, underscores significant growth in this sector.
Source: Daily News Egypt November 04, 2024 07:16 UTC