Lincom Real Estate

Lincom Real Estate lunches its first branch in Moscow

The chairman of lincom real estate has announced that LRE lunched its first branch in Moscow.

LRE policy goes with the same direction of the Egyptian government to attract foreign investments into Egypt’s real estate sector. Therefore, it's necessary to expand LRE operations into the Russian market which grows on steady basis and for several other factors such as:

  1. Excellent Prospects for the Egyptian real estate market.
  2. Stability of economic and political situation (increase of GDP volume contributes to market development).
  3. Reliability and financial stability of investors.
  4. Independent research indicates that the total market volume will be increased from 660 million USD. up to 1,5 billion USD by 2008.
  5. Direct charter flights to Egypt within 4.5 hours period of time all year.
  6. Egypt is popular to the Russian market.

Source: Lincom Real Estate

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