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Real Estate News10/2/2026
Surprise🚨 Massive losses... 46.5 billion pounds vanish from the market capitalization of major real estate companies
S
Seven Property
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Surprise🚨 Massive Losses… 46.5 Billion Pounds Vanish from the Market Capitalization of Major Real Estate Companies
• The market capitalization of the 10 largest listed real estate companies fell by approximately 46.5 billion pounds during the period from September 1 to 30, 2026.
🔻 Talaat Moustafa led the losses with approximately 21.3 billion pounds, accounting for nearly 46% of the total decline.
It was followed by:
• SODIC: 7.1 billion pounds
• Palm Hills: EGP 4.8 billion
• Orascom Development: EGP 4.4 billion
• Heliopolis: EGP 2 billion
📊 In terms of share price, Pioneers Properties recorded the largest relative decline at approximately 26.2%, followed by SODIC at approximately 17.8%.
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