John. D Davis, CEO, MENA at Colliers International added: “Since we launched operations in the MENA region 20 years ago, Egypt has always been a key market for our clients. In recent years we’ve seen a significant increase in interest across the board in Egypt and with growing demand from our clients we believe now is the time to open a dedicated office in Cairo. We are confident that the new office will help our clients meet their objectives and highlights our belief in the long term prospects of North Africa’s largest economy.”

“There is an increasing interest in Egypt from global investors, developers and operators looking for the right market entry strategy”, said Chris McLernon, CEO, EMEA at Colliers International. “Our new Cairo office will allow us to provide seamless cross-regional services to key corporate clients while further developing our on-the-ground expertise.”

The Colliers International operations in Egypt will be overseen by John. D Davis, CEO of Middle East and North Africa; Ian Albert, Regional Director and Head of Valuations and Advisory and Stuart Gissing, Regional Director and Head of Retail and Real Estate Management Solutions.