Akadia Developments signs a cooperation agreement with NAMAA PFM to manage its two projects in the downtown area and the Central Business District (CBD) in the New Administrative Capital (NAC), Invest-Gate reports.

Under the deal, NAMAA PFM will manage Pagoda Mall Complex and Akadia’s second project in the CBD. Pagoda Mall Complex is a commercial, administrative, and medical complex that spans over 2,144 sqm. The complex combines a basement and 10 floors fronting the Gold Market and the monorail. The project features units with different sizes and combines a number of brands the achieves integration and diversity.

The deal was signed by Akadia’s CEO Hanna Raouf and Mostafa Sobhy, CEO of NAMAA PFM. Raouf says that maintaining the investment value of any project requires distinguished management and maintenance to preserve the company’s clients’ investments in the project.

He adds that Akadia has a full-detailed study on all the elements needed to meet the needs of its project to achieve quality and sustainability. The CBD’s project covers 3,000 sqm of commercial and administrative activities.

Founded in 2009, NAMAA PFM offers revolutionary property and facility management solutions to keep with the highest world-class standards.