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The signing took place as part of Builderia’s progress in the first phase of the PARAGON project, as a manifestation of the commitment to honour
The project includes 174 units of various areas, starting from 24 sqm, and that offices and medical units will be delivered fully finished.
The minister stressed the need to adhere to the schedule set in advance for the completion of work in preparation for the imminent opening of the museum.
Doja is currently developing two commercial projects in the NAC, namely Aurora and the X-Business Complex.
Egypt’s development financing for sustainable transport in 2020 amounted to $1.3bn, says International Cooperation Minister
The meeting took place with the aim of acquainting the French delegation with the New Administrative Capital (NAC), and discussing investment opportunities in the national project.
Mamoun noted that this would work well with the state’s search for global real estate marketing and consultancy companies to develop a marketing and management plan for the NAC city, at both the local and global levels.
NAC is company’s strategic client in Egyptian market, says regional corporate head Michael Lee
The collaboration will accelerate the project’s construction rates and ensure its development to a high standard, according to Sherif Shaalan, Chairperson of Royal One Developments.
The company said it introduces a new investment vision through which it seeks to replace traditional rental contracts with operating lease agreements, in which the lessee can rent the property to other parties.
Project marketed in two phases, with first one introducing 60% of total project units during Cityscape exhibition, says CCO Ahmed Osama
Company establishes new real estate company in UK through Egyptian-UK partnership, says CEO Mohamed Lashin
AWWC retracts interest to develop Diamond City project inside NAC, in partnership with ACUD
The company’s Chairperson Ashraf Badea said that Verona is located on an area of 2,085 sqm. It is a nine-storey mixed-use building, comprised of medical, commercial and administrative units, with areas starting from 26 sqm per unit, and prices ranging between EGP 18,000-EGP 22,000 per square metre.
Amer also inspected the process of installing new production lines for the printing press and its operational experiments. An official CBE source said in statements that the construction work on the new printing press is nearing completion, in preparation for it to start work.
Salib said that the company is developing The City Valley compound, which is worth EGP 4bn in investments, on 63 feddans in the NAC’s R7 district, with the project comprised of 57 villas and 51 buildings.
Company intends for all units to be sold within 18 months, with expected sales of between EGP 500m-EGP 600m within year
CBD to include CBE headquarters, Egypt’s largest paper currency printing press, and dedicated area for banks
The exhibition, which is scheduled for 1 to 4 October, will be inaugurated by Minister of Housing Assem El Gazzar.
High level visit to NAC saw Prime Minister Mostafa Madbouly receive briefings on government district and other projects
Speaking at a press conference on Tuesday, the company’s CEO, Mohamed Lashin, said the project is the company’s second at the NAC. It will be constructed on a 12-metre high plateau of 37 feddan, in the R7 area.
Integrated housing project will be built on 23 feddans of land using EGP 1.3bn in investments
Company’s total investments in its projects stand at EGP 10bn, with further EGP 1bn set to be funnelled in 2020, CEO Lashin
The offers come as part of a limited tender to choose a contractor for the project’s construction. The tender’s envelopes are scheduled to be opened early next week, Khalil said.
Company has received 25 requests to obtain land in NAC, which are currently being considered, says ACUD official
During a tour for journalists of the project site on Sunday, Farag added that the Lafayette Mall is the first commercial project to be launched inside the downtown area. It includes six floors with built-up areas ranging between 35-40% of the total project space.
Digital capability development comes as part of institutional development enhancing long-term government performance
Sales witnessed significant improvement in 1Q 2020, but fell due to COVID-19 pandemic
Construction work has not stopped despite Covid-19 outbreak with projects remaining on schedule, say developers
The first project is Serrano compound, located in the R7 district, on an area of 15 feddan. It comprises 622 semi-finished units.