In 2010, the expected growth in the market of real estate in Cairo

The growing economy and strategic location of Cairo, serving gateway to the markets of Africa and the Middle East, give reason to assume that in 2010 the real estate market of the capital of Egypt will be one of the most popular and prosperous. According to a study of the consulting company Jones Lang LaSalle, in Cairo, greatly increased presence of global and local companies. Analysts argue that the Cairo real estate market stood under the pressure of the global economic crisis, the brunt of which fell in 2009. "Cairo is different successful combination of traditions with the new conditions that are emerging in a growing market. The capital of one of the oldest civilizations, is developing rapidly, turning into a large metropolis, "- the report says. In recent years, market development occurred primarily in the real estate sector, which has led to oversupply of expensive offers, but in other sectors of the industry there are still many opportunities for development.