International Real Estate Development Conference Kicks Off Sponsored by Mountain View

Cairo, Egypt 22 April 2019, The International Real Estate Development Conference, kicked off today, featuring real estate experts and representatives from leading real estate companies to deliberate on the status of the sector, and the challenges it faces, in an attempt to come up with solutions and recommendations towards a better urban future in Egypt.

The event was under the auspices of Ministry of Housing, Utilities and Urban Communities in cooperation with The American University in Cairo (AUC) School of Business, the Federation of Egyptian Industries (FEI) Chamber of Real Estate Development.

Additionally, Mountain View-DMG was the main sponsor of the event. Engineer Amr Soliman, CEO of Mountain View and Board Member of the Real Estate Development Chamber of the Federation of Egyptian Industries (FEI) made an intervention during the conference where he applauded the efforts of the country represented in the Ministry of Housing to support the real-estate development sector. He also stressed the role of the real-estate developers and investors that contributes to the continuous growth of the market.

During his word, Amr Soliman emphasized the sector’s capabilities that will enable it to overcome all the challenges. He also pointed out the integral role of the real-estate developers of the private sector and the necessity of their collaboration with the government to complement its attempts to sustain the real-estate products and provide better housing opportunities.

Discussing solutions towards a better housing and real estate market, Soliman specifically detailed two major steps that should be taken in the future: the first aims at studying the consumers’ needs, while the second focuses on diversifying the financing opportunities to tailor them for the consumer. He stressed the importance of quickly responding to such needs to benefit from the upsurge in the real estate development sector.

Furthermore, Soliman mentioned the Real Estate Academy founded by Mountain View in 2009 in collaboration with the American University in Cairo, and the National University of Singapore, with the aim of developing the skills and capabilities of the prominent players in the Egyptian market. In addition to that, the academy functions as a link between the investors and the most recent trends in the real estate scene through educational executive programs and field expeditions that contribute to the development of the participants. These programs are supported by the National University of Singapore, which provides advanced tools and training methodologies facilitating the learning process.

The Academy of Real Estate Development is part of the American University, which presented more than 176 graduates to the real estate market, who are currently considered to be among the best real estate development calibers in the Egyptian market, leading the largest companies in the field.