60,000 square metres out of those 70,000 square metres are supplied by Cairo Festival City. Due to the high value of the dollar, some tenants redirected their demand from grade A to grade B. The supply is 126,000 square metres with an expected 11,000 square metres to be added during 2017. What is the size of growth in the residential market? From 2015 to 2016, the supply reached 13,000 units [113,000 square metres] with an 11% growth.

Source: Daily News Egypt May 15, 2017 06:11 UTC