JLL: Cairo office rents up slightly in 1Q15
Jones Lang LaSalle IP Inc. noted in its Cairo Real Estate Market Overview for 1Q15 that office rents rose ‘significantly’ in New Cairo (mainly Sectors 1 and 2), thanks to higher demand. Rents were unchanged in Central Cairo and West Cairo. Overall office supply should be boosted by 37,000 square metres over the remainder of 2015. Minimal new supply is expected in 2016.
Source : 31 March 2015/JLL/Cairo/OFF