The Offices market sector in real estate has flourished in the aftermath of the Egyptian pound currency floatation policy applied in Q4 of 2016. Following the floatation, the offices sector experienced a 30% increase in sales demand for medium and large office spaces throughout 2017, which was largely due to rent rates -charged and calculated in USD- becoming relatively more expensive in comparison to sales rates -charged in EGP. As the immediate demand increase fueled by currency floatation subsided, the increase in demand over 2018 and 2019 could largely be attributed to two factors; first, Egypt is becoming a commercial hub due to its affordability for start-ups as well as multi-national corporations alike. Second, investment into the offices sector guarantees high return on investment rates due to the annual appreciation rates the sector has experienced and will continue to in light of the undersupplied market and heavy demand. As 2019 comes to an end, the offices sector is forecasted to continue booming with an expected 20% average increase in sales prices due to high demand rates in relevance to an under supplied market.







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