In its 1Q16 review of Cairo’s real estate markets, JLL noted that rental growth for offices is slowing. In 1Q15, rental growth had been accelerating. Total office supply increased from 889,000 square metres in 2014 to 921,000 square metres in 2015 to 941,000 square metres in 1Q16. Additional supply is expected to amount to 17,000 square metres through the remainder of this year, with another 70,000 square metres in 2017 and 66,000 in 2018. Hot topics for the office market include the movement of SME tenants from Downtown Cairo to 6th October City and the desire of large tenants to buy the office real estate that they occupy.

Source : JLL/Mar 2016/Cairo/OFF