Latest in Real Estate Highlight
Latest in Real Estate
Company mulls new development project in September
Company launched 4th phase of Agora Sidi Abdel Rahman project in mid-July, says Commercial Director
Company targets EGP 1bn sales in 3 months
Korean investors keen to participate in Egypt’s megaprojects, says ambassador
New phase offers 238 unfinished units
Project to include largest commercial complex serving the entire area, says GV Commercial Director
Mountain Plaza’s investment amounted to EGP 500m, says sales manager
Mahmoud said that the OIA project is spread over 30 feddan in the New Capital, composed of only 20% of building areas, which include 1,300 units.
Company marketed 30% of its sales abroad through its two branches in Austria, Paris, says marketing director
Company’s total investments amounted to approximately EGP 36bn
Project comprises of 30 commercial units, 70 administrative units
Siela project is built on an area of 10 feddan in the Kilo 57 Alexandria/Matrouh road. It includes 600 chalets with spaces ranging from 50sqm to 120sqm with a construction rate of 28% along with a range of services, as well as commercial and administrative units.
Shady Said, chairperson of Horizon, said in a press conference that Elite New Capital introduces a new and special thinking for commercial and administrative projects in plot number A3 in MU23 in New Administrative Capital.
The contracts included the implementation of pavilions for First Group on 184 sqm; Edge Holding for Urban Development on 180 sqm: Residence Development on 162 sqm, and Style Home on 128 sqm.
The company said on Tuesday that the mall will operate with the most sophisticated technology as well as include commercial units with small spaces starting from 45 sqm and clinics with 65 sqm with different and various payment plans without down-payments and six-year installment periods.
Company aims to acquire 1000-acre plot of land in Sheikh Zayed Extensions
The agreement marks the first instance of implementing the new mechanism set by the Egyptian government for land allocation, which was announced by Minister of Housing Assem El Gazzar and under which land plots are allocated directly to investors as per their orders.
Maximum fund for every unit EGP 2.5m, instalments over 5 years
The launch of Roland Garros is part of the Sun Capital project in front of the pyramids of Giza as a result of the country’s climate which helps to attract foreign investment. This has made Egypt a fertile ground for the world’s most prestigious sports brand.
Company invests EGP 600m in real estate sector
Soliman said in press statement on Wednesday that the project is located on an area of about 6,700 sqm in the service area in the compound.
Company launches competition to choose name, logo for NAC
Project’s investments reach EGP 2.5bn, says commercial sector head
Project is residential compound comprised of 2,000 residential units, says sales head
Elzayat explained that the company is offering a variety of projects in the exhibitions and is participating with the largest real estate portfolio that combines various residential, coastal, hotel, and industrial projects in various parts in Egypt.
Compound to be the first delivered project in Mostakbal City by 2020
Company has to complete 25% of its project within a year since obtaining ministerial approvals, says ACUD Chairperson
Company to launch 2 new branches in Saudi Arabia, UAE in H1 2020, says CEO
The company also has three other shopping centres in the NAC, including La Capitale, Champ Elysees, and Grand Square malls.
ACUD denies negotiations with banks to obtain loan worth EGP 2bn, says Chairperson