First Investment & Real Estate Development
EEGX:FIRE4.30
EGP
0.00
(0.00%)
ISIN
EGS65AL1C010
Return %
Stock
S&P 500
1Y
63.50
14.20
3Y
122.80
81.12
5Y
0.35
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate development
- Address
- Cairo Egypt
- IPO Date
- May 15, 2013
- Website
- first-realtors.com
- Similar Companies
- Business
- First Investment & Real Estate Development S.A.E. is an Egypt-based public shareholding company engaged in real estate development, property investment, general contracting, and urban construction. Founded in 2005 and headquartered in Giza, Egypt, the company operates within the real estate and construction sectors, focusing on the acquisition, planning, development, and marketing of residential, commercial, and administrative properties across the Arab Republic of Egypt. First Investment & Real Estate Development operates through several core business segments, offering a comprehensive portfolio of products and services that include residential housing developments, comprising multi-family apartment buildings, residential compounds, and private villas; commercial real estate assets, encompassing shopping centers, retail spaces, and specialized retail storefronts; administrative and corporate facilities, including commercial office units, business suites, and turnkey office spaces; civil construction and contracting services, covering structural engineering, architectural finishing, and infrastructure works; land development and subdivision, involving the acquisition, zoning, and preparation of land parcels for residential and commercial development; property management and facility operations, providing ongoing building maintenance, security management, and tenant services; and real estate consultancy, including project feasibility analysis, valuation advisory, and property marketing. The company primarily targets retail home buyers, commercial enterprises, and institutional property investors. Geographically, First Investment & Real Estate Development concentrates its operations within Egypt, maintaining substantial project activity and land assets across Greater Cairo, Giza, 6th of October City, and Sheikh Zayed. In recent corporate developments, the company has executed capital restructuring and expansion initiatives, including board-approved capital increases and rights distributions to strengthen its balance sheet and fund ongoing construction pipelines. Furthermore, the company has launched new residential and commercial development phases in western Greater Cairo and entered into strategic execution partnerships with domestic contracting and engineering firms to accelerate project delivery schedules and expand its portfolio of urban properties.