CIRA studies acquisition opportunities, plans to invest EGP 800m in 2021

SourceDaily News Egypt
SectorReal Estate

The Cairo for Investment and Real Estate Development (CIRA) company has revealed that it is currently studying two to three acquisition opportunities. It added that it is currently working on three parallel lines, one of which is looking at the core work and trying to add certain projects that will be of significance to the bottom line. Two of these lines refer to venturing into new areas that compliment with CIRA’s infrastructure, and which will add further revenue lines with minimal capex. more...