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Cityscape Egypt Wraps Up 12th Edition with Impressive Turnout and Industry Insights

Cairo, September 24, 2023: The twelfth edition of Cityscape, Egypt and Africa's premier real estate exhibition, concluded under the esteemed patronage of the Ministry of Housing, Utilities, and Urban Communities. Organized by Informa Markets, a globally renowned exhibition organizer, this year's edition featured Midar for Investment and Urban Development as the Master Sponsor and Misr Italia Real Estate Development Company as the Gold Sponsor. The exhibition attracted over 40,000 attendees, including both the public and investors from Egypt and abroad.

With more than 70 exhibitors from the real estate sector, the exhibition showcased a wide range of residential, commercial, administrative, and hotel projects. Visitors praised the exhibition for its impressive projects, well-organized layout, and the exhibition’s booths, which were designed on an area of 35,000 m2.

Over the four-day event, Cityscape Talks addressed various important topics related to the real estate sector, including its role in economic development, government support, and challenges posed by inflation and high interest rates. The discussions involved experts from the real estate and economic sectors, as well as government officials.

Robier Daniel, Cityscape Exhibition Manager, expressed his delight with the success of the 12th edition, stating: “The exhibition is committed to organizing future editions to serve as a global platform for showcasing the latest ideas and trends in the Egyptian and regional real estate sectors. It also aims to stimulate investments, meet housing and investment demands, and review sector developments in the present and future. Despite challenges such as high building material prices and global developments affecting purchasing power, the real estate market remains one of the most important economic sectors and a driver of long-term growth.”

The exhibition was inaugurated by Dr. Waleed Abbas, Assistant Minister of Housing, Utilities, and Urban Communities, and Eng. Fathallah Fawzy, Chairman of MENA for Real Estate Development Consultancy and vice-chairman of Egypt Businessmen's Association (EBA), along with other senior officials from the public and private sectors. Several agreements were signed between real estate companies and investors.

Cityscape Talks provided an exceptional platform to discuss developments and challenges in the real estate sector. Various dialogue sessions covered topics such as the Egyptian real estate market, investment opportunities, challenges, real estate funds, and the future of sustainable buildings in Egypt. Distinguished industry leaders from public and private sector companies participated in these sessions, including Eng. Khaled Abbas, Chairman and Managing Director of the Administrative Capital for Urban Development; Hossam Heiba, Chairman of General Authority for Free Zones, and Investment; Amr ElHamy, CEO of TSFE Tourism, Real Estate & Antiquities Subfund; Engineer Ayman Amer, General Manager of SODIC; Dr. Salah El Haggar, President Egypt Green Building Council; and Engineer Abdallah Sallam CEO and Managing Director of Madinet Misr Company.

The second day of Cityscape 2023 featured panels and discussions on the role of the real estate sector in development, along with topics like sustainable buildings, property investment strategies, and designing for wellness. Additionally, a panel discussion on "Women in the Real Estate Sector" highlighted the pivotal role of women in the industry and introduced the Cityscape Women in Real Estate (WIRE) initiative. The exhibition also hosted a workshop in collaboration with the Royal Institute of British Architects (RIBA) to explore the "Art of Architecture" and a panel discussion to shed light on how these efforts can inspire developers to adopt more sustainable solutions, promoting a balance between development and the environment, in light of government directives to achieve the sustainability goals of Egypt Vision 2030.

Over the past 12 years, Cityscape has played a significant role in promoting the growth of the real estate sector in the region. It has become a major exhibition connecting investors and developers with opportunities in Egypt, Saudi Arabia, Bahrain, and Qatar. The twelfth edition featured over 70 exhibitors in a spacious 35,000 m2 covered area across four halls, offering exclusive deals, innovative payment options, and previews of new projects. On the sidelines of the exhibition, Cityscape Talks provided a platform for experts from the public and private sectors to discuss sector developments.