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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

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Seven Property

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Surprise🚨 Massive losses... 46.5 billion pounds vanish from the market capitalization of major real estate companies
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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