Savills EgyptÈLM Real Estate Development announced the launch of a pivotal phase in the development of its flagship commercial hub within the “ÈLM Tree” project in 6th of October City. This comes following the signing of a management and operation agreement with Savills Egypt, a leading real estate consultancy firm, to oversee the entire project, including administrative and operational consultancy as well as asset leasing. The agreement aims to deliver a premium administrative and commercial destination with world-class specifications, with expected total sales exceeding EGP 4 billion, Invest-Gate reports.