الرئيسية / عقارات / Hermes: $78 bln expected sales for TMG over 13 years

Hermes: $78 bln expected sales for TMG over 13 years

فريق رجال الأعمال عقارات 03 September 2025 03:28 PM
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Hermes: $78 bln expected sales for TMG over 13 years

EFG Hermes' research division estimates that Talaat Moustafa Group's contractual sales will continue to perform strongly, driven by the Group's domestic and regional expansions.

According to the EFG Hermes report, the Group's estimated sales portfolio is valued at 3.9 trillion Egyptian pounds ($78 billion), to be sold over a 14-year period until 2038.

The report forecasts sales reaching 458 billion pounds in 2025 (with 210 billion pounds in the first half of the year), rising to 505 billion pounds in 2026 and 523 billion pounds in 2027.

The estimates assume the launch of the Spine project in Madinaty will be next year instead of this year. The SouthMED project is expected to continue its strong performance, accounting for 54% of total sales in 2025 and 44% in 2026.

The report noted that the Sharm Bay project has not yet been included in the estimates, pending its official launch. However, it is a candidate to add an estimated 120 billion pounds to the portfolio, according to company management.