BROUQ Developments Launches CENTOO Project in NAC

BROUQ Developments Launches CENTOO Project in NAC

In partnership with TROJAN the landowner, BROUQ Developments announces the launch of its latest project, CENTOO, in the NAC, Invest-Gate reports.

CENTOO is an administrative project in the financial district over 4,582 sqm.  The project is located on the central axis of the NAC, in front of the Egyptian Exchange (EGX), next to the Central Bank of Egypt (CBE) and the central station of the monorail, as well as the electric train.

Ibrahim El-Syed, CEO of BROUQ Developments, says, “CENTOO project had already obtained a building permit and excavation work had already begun, before offering the project in the market in support of the mutual trust between the company and its customers.”

Moreover, UNII, one of the largest consulting companies locally and internationally, is the project’s general engineering consultant. It will be responsible for designing the project, to ensure the launch of a distinct real estate product that meets all customers’ needs.

Further, BROUQ has signed with Etqan, the financial and commercial consultant for the project, which is the largest company working in this field in the Egyptian market owning a great deal of experience in the New Capital market.

In addition, the real estate developer signed a contract with RE’AM for asset management, headed by Salah Shady, to review the designs and supervise building management.

The company is cooperating with Trojan as a landowner and general contractor for the project, which is one of the largest ready-made concrete companies in Egypt.

For his part, Basem El-Sherbiny, CEO of Etqan for Financial and Commercial Consultations, adds that Etqan has intensified its efforts so that the project will come out in the best commercial and financial form, besides, accurate research and studies have been prepared to get the best outcomes for the project.

Salah Shady, Chairman of RE’AM, explains that the architectural design of CENTOO provides a large landscape area. Additionally, the project overlooks one of the largest parks in the Financial District, and the design carefully provides dimensions and appropriate services for administrative use with attractive modern facades.

The management company has considered providing all services to the building residences and visitors alike.

 

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