To complement the success of the first edition, the second edition of Target Misr Expo will kick off on 17 December, with participation of a number of major real estate companies in Egyptian market.
The exhibition lasts for two days and offers a package of exclusive offers and discounts ranging between 5- 30% and installments over 20 years.
Alaa Ali Tawfik, Chairman of Target Misr Real Estate, the organiser of the exhibition, said that the launch of the exhibition’s second edition comes after the great success achieved by the exhibition in its first one, in which it achieved sales worth approximately EGP 400m.
Tawfik added that more than 25 real estate companies are participating in the exhibition’s new edition namely Pyramids Developments, Nile Developments, Zodiac Development, MBG, Saudi Egyptian Developers (SECON), Taj Misr and others.
He further noted that the exhibiting companies will showcase about 200 distinguished projects with various purposes whether residential, commercial, administrative, medical, coastal and others.
The exhibition provides exclusive offers on units with discounts starting from 5% to 30%, and installments over 20 years, he pointed out.
Tawfik further elaborated that the exhibitors also offer a variety of projects to suit different needs and desires of citizens, at prices ranging from EGP 500,000 – EGP 200m, in New Administrative Capital, North Coast, Ain Sokhna, New Cairo and others.
The new edition of the exhibition aims to record EGP 1bn in sales, he revealed, added, “Target Misr Expo is an excellent opportunity to purchase properties before price hikes in the beginning of next year, with an increase of between 20-35%. Moreover, the exhibition presents promising investment opportunities at good prices commensurate with desires and purchasing capabilities of various segments of society.”
The company’s chairman explained that the exhibition coincides with the start of the government’s transfer of its new headquarters to the New Administrative Capital according to directives of President Abdel Fattah El-Sisi.
Tawfik stressed that the exhibition sets strict controls for participation in it to ensure the presence of serious companies with strong and committed business precedents with their customers, in order to ensure the launch of distinguished projects and companies that abide by all their commitments with customers, on both delivery dates and required quality.
Additionally, the exhibition aims to support directives and plans of the state and President El-Sisi to activate real estate investment and increase rates of urban development in various parts of Egypt, he concluded.