(MENAFN- Daily News Egypt) Real estate investment and management firm Jones Lang LaSalle (JLL) said in its latest report on Egypt that the market exhibited positive performance during the third quarter (Q3) of 2015, despite devaluation of the Egyptian pound.
The report said the retail and hospitality sectors continued to perform slowly but have shown steady growth in the same quarter. The completion of the New Suez Canal extension was seen by JLL as creating development opportunities in the sector.
Daily News Egypt interviewed JLL Egypt Director Ayman Sami to discuss his outlook for 2016 as well as the challenges and opportunities in the real estate sector.
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