Orascom Development Egypt (ODE) has announced its preliminary real estate and hotels’ key performance indicators (KPIs) for the third quarter (Q3) of 2021.
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New sales in Q3 2021 reached EGP 2.2bn, a 50.3% increase from EGP 1.5bn in Q3 2020. That brings the company’s nine-month (9M) 2021 sales value to EGP 6.2bn, a 43.4% increase over 9M 2020.
The positive momentum that we continued to witness in the third quarter of the year further solidifies the company’s strong positioning in the industry and its ability to take advantage of the existing demand in the local market with its well-tailored products.
