STM Launches “Real Estate Compass” to Support Developers and Investors in the Egyptian Market
In a groundbreaking move towards a more sustainable and transparent future for the Egyptian real estate market, Space Tank Management (STM), a leader in commercial facility management and development, has announced its innovative new product, the “Real Estate Compass.” This tool is a practical response to the growing need among investors and developers for a deeper and more comprehensive understanding of the volatile real estate market, enabling them to make well-informed investment decisions.
The “Real Estate Compass” is a unique tool that provides an integrated analytical environment offering a comprehensive view of the Egyptian real estate market. Through data analysis, the “Real Estate Compass” serves as a strategic partner for real estate developers on their investment journey, with its precise ability to understand market trends, identify promising investment opportunities, and avoid potential risks.
On this occasion, Eng. Shady Selim, CEO of Space Tank Management (STM), stated, “We believe that healthy competition enhances growth in the real estate market by improving the quality of all types of products, ultimately benefiting end-users and the Egyptian economy”.
Eng. Shady Selim added, “Real estate development companies face a constant challenge in accurately pricing units according to the balance of supply and demand, as pricing dynamics and customer culture evolve daily in search of the best payment methods and services that align with their purchasing power. We strive to enable all market stakeholders to make informed investment decisions, contributing to sustainable market growth.”
The “Real Estate Compass” relies on the latest technologies and analytical tools, combined with the expertise of the STM team, to ensure data accuracy. It covers all types of properties, whether residential, commercial, administrative, or medical, across various geographical areas in Egypt, including East and West Cairo, the North Coast, and the Red Sea, providing a comprehensive picture of the real estate market.
Mohamed Kamal, Head of Research and Development at Space Tank Management (STM), said, “Our goal is to be more than just a data provider; we offer continuous market updates with comprehensive data presented in a simple and analyzable format, helping our clients, especially development departments, update pricing strategies and maintain sustainable sales amidst fierce competition”.
Mohamed Kamal emphasized the importance of this product, noting that ten leading development companies in various activities signed contracts immediately upon its initial launch this month. The use of the “Real Estate Compass” is not limited to development companies but also extends to a large segment of investors in the Egyptian real estate market.
Space Tank Management (STM) offers a variety of real estate consulting services to leading development companies in the Egyptian market, such as Horizon (Saada Project), Sky Abu Dhabi (Blue Tree Project), Melee (NMQ Project), UpWyde, and many others.
