Anchor Developments launches Rivoli project in the New Administrative Capital with investments of EGP 3 bn, Invest-Gate reports.
The company seals agreements with a group of partners to implement another project in NAC, which is a part of its plan to inject EGP 10 bn investments into projects over the next two years.
Amr Ali, Chairman of Anchor Developments, says that the company builds the project in the service area of Bleu Vert which is owned by the Saudi Egyptian Development Company.
Rivoli is located at 10,815 sqm. The project is a strip mall including a ground floor and three floors.
The ground floor is dedicated to commercial purposes, while the second and third floors will be used for administrative activities.
Hady Fathy, Executive Manager at Anchor Developments, notes that the project is slated for delivery in June 2025.
Emad Hamza, Head of The Commercial Sector at Anchor Developments, reveals that the company offers flexible payment plans of up to eight years.
He adds that the Rivoli project is one of three projects developed in Bleu Vert’s service area, with a total area of 26,275 sqm.