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Serenity for Investment and Real Estate Management has launched operations as Egypt's first specialized developer for memorial gardens, unveiling its inaugural Serene project in partnership with the Administrative Capital for Urban Development. The project covers an initial phase of 58 feddans along Suez Road in the New Administrative Capital and is set for launch in the first quarter of 2026.

2026년 02월 02일 AI에 의해 보고됨

The National Bank of Egypt has arranged a syndicated financing facility worth EGP 1.42 billion for Al Qamzi Developments to cover part of the investment costs for the first and second phases of the SEAZEN project on Egypt's North Coast. NBE serves as facility agent, lead arranger, documentation bank, and bookrunner with a EGP 920 million participation, while Bank Al Baraka Egypt joins as an arranger contributing EGP 500 million.

A tenant in Berlin sublet his apartment with a significant surcharge, prompting his landlady to sue. The case has reached court, with a ruling expected on Wednesday. It could impact many rental agreements across Germany.

2026년 01월 26일 AI에 의해 보고됨

Exes Ben Affleck and Jennifer Lopez have yanked their sprawling Beverly Hills marital home from listings after over a year of trying to sell it. The 12-bedroom, 24-bathroom mega-mansion, originally listed at $68 million, was recently removed amid ongoing divorce drama. Sources say the pause leaves everyone guessing their next move.

Police have registered a fresh FIR against five officials of a real estate firm in connection with the drowning death of software engineer Yuvraj Mehta in Noida Sector 150. A Special Investigation Team is examining the roles of local authorities and police in the incident. The tragedy occurred when Mehta's car fell into an unattended water-filled excavation pit on January 16.

2026년 01월 20일 AI에 의해 보고됨

Housing and Development Properties (HDP), the real estate arm of the Housing and Development Bank, has announced the launch of its new residential project, Grand Lane, in New Cairo, with total investments estimated at approximately EGP 50 billion. The project spans 98 feddans and offers a diverse mix of residential units, prioritizing open green spaces and community amenities.