Egyptian Endowment Authority Offers 27 Land Plots for Partnership with Developers
The Egyptian Endowment Authority offered 27 land plots in 12 governorates for partnership with real estate developers, with per-meter valuation starting at 14,513 EGP, and is accepting inquiries until November 1.
The Egyptian Endowment Authority offered 27 land plots in 12 governorates for partnership with real estate developers, according to what was reported by the El-Akararia website.
The minimum valuation per square meter starts at 14,513 EGP.
The Authority receives inquiries until November 1, and receives partnership offers from November 1 to 15.
The Asalat Watan website published news of the offering on October 18.
What do these terms mean?
Partnership with developers: An agreement between the landowner and the developer to execute a real estate project and share the returns.
Land valuation: An estimated price per square meter used by the owning entity as a basis for contracting.
Governorate: An administrative unit in Egypt comprising a number of cities and centers.
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